A VERY Busy Week Ahead

Earnings Preview 10/29/10

 

Earnings season might be more than halfway through, but that does not mean a slowdown in the earnings parade. Next week, a total of 1,128 firms will report, including 100 of the S&P 500 firms. So far this has been a very strong earnings season, but there are still plenty of important firms that have yet to show their hands. The firms reporting next week include Pfizer (PFE), Mastercard (MA), Hartford Insurance (HIG), Devon Energy (DVN), Time Warner (TWX) and Kraft Foods (KFT).

 

Earnings will be far from the only thing for the markets to be concerned about next week. We have the mid-term elections and we will find out if the Fed will launch another round of quantitative easing, and if so, how big the program will be. There is also a very heavy calendar of economic data due out, starting with Personal Income and Spending on Monday, and ending with the all-important jobs report on Friday.

We also get both ISM indexes, the construction spending report, Auto sales, and the first read on productivity in the third quarter.

 

Monday

 

* Personal Income is expected to have increased by 0.3% in September, down from a 0.3% increase in August. At the same time, Personal Spending is expected to have risen at the same 0.4% pace it rose in August. Of course, if spending is rising faster than income, it implies a fall in the… Read the rest

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Free Guide on How to Start a Business

Article by Indah Mohd

Are you tired of working for other people? Do you really desire to own a business and become your own boss? Then, think of starting your own small business. Let me guide you on how to run a lucrative business.

Make a decision on the type of enterprise you start. After you discovered the best business to run, the next is to identify those things that you enjoy doing most or what you can do best. Go into a business you can do better, industry of your choice will encourage preparing a very good business plan.

Put into consideration the sources of your income whether there is need for a bank loan, use of credit cards or self financing. Apart from financial resources, you require good understanding on the business you want to venture into. Various industries need some equipments, tools and supplies. Ensure you have all the necessary resources before starting your business.

Join some free association. Small Business Association, AMEX Small Business website associations, Chambers of Commerce provides financial aid, networking, materials, training, seminars and workshop. It is good you take advantage of relevant trainings and seminars to equip you with business ideas and plans. You can also join some seminars that are available on the internet.

You can as well do your market survey to know what people need and competitors. Some businesses require very small start up capital.

Keeping accurate books of account and… Read the rest