U.S. Retail Sales, SAC, Wal-Mart, Cisco: Week Ahead Aug. 12-17

In the U.S., retail sales probably rose for a fourth straight month and industrial production climbed for a second month in July. The euro-area is likely to have exited a recession in the second quarter after a record six quarters of contraction, data may show.

Investors in SAC Capital Advisers LP face a deadline to redeem money for the third quarter from founder Steven Cohen’s hedge fund, which has been indicted for perpetrating what the U.S. calls an unprecedented insider-trading scheme.

Wal-Mart Stores Inc. (WMT), Cisco Systems Inc. (CSCO) and A.P. Moeller-Maersk A/S (MAERSKB) will be among companies releasing results.


To contact the reporters on this story: Heather Langan in London at hlangan@bloomberg.net; Greg Miles in New York at gmiles1@bloomberg.net; Jim McDonald in Tokyo at jmcdonald8@bloomberg.net

To contact the editor responsible for this story: Dick Schumacher at dschumacher@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.