World Week Ahead: US earnings top agenda

Sun, 12 Apr 2015

By Margreet Dietz April 13 (BusinessDesk) - US corporate earnings will take centre stage in the coming days with companies such as JPMorgan Chase, Wells Fargo, Johnson & Johnson and Intel reporting. Investors will also watch for further potential stock buybacks. On Friday, shares of General Electric soared, closing 10.8 percent higher, after the company announced a restructuring plan and a share buyback of up to US$50 billion. GE said it plans to exit most of its finance business. “The announcement of the GE share buyback is gargantuan...

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