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

Aug. 12 (Bloomberg) -- 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., Cisco Systems Inc. and A.P. Moeller-Maersk A/S will be among companies releasing results.


To contact the reporters on this story: Heather Langan in London at; Greg Miles in New York at; Jim McDonald in Tokyo at

To contact the editor responsible for this story: Dick Schumacher at

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