SWISS BANKSFeb. 12, 2:30 a.m. ESTCredit Suisse (CSR) reports fourth-quarter earnings, followed on Feb. 14 by UBS (UBS). The Swiss Federal Banking Commission said that in the near future both banks may need to take additional writedowns linked to subprime loans.

GENERAL MOTORS (GM)Feb. 12, 7 a.m. ESTAmerica's largest automaker announces fourth-quarter results. Analysts expect a second straight quarterly loss, albeit smaller than last period. This year is off to a good start, with GM's January U.S. sales rising while Toyota's (TM) slipped.

GONE SHOPPINGFeb. 13, 8:30 a.m. ESTJanuary retail sales probably improved after a decline in December. The report will help to show if the U.S. economy is slipping into a recession.

BIG LOSSES AHEADFeb. 13, 8:30 a.m. ESTMortgage insurer MGIC Investment (MTG) is expected to post a fourth-quarter loss. Red ink could keep flowing. The company says it may pay $2 billion in claims this year compared with an earlier estimate of $1.5 billion.

COCA-COLA(KO)Feb. 13, 8:30 a.m. ESTThe soft-drink maker issues fourth-quarter results, which could be dented by high commodity prices. CEO Neville Isdell believes the odds of a U.S. recession this year are more than 50%.

JAPAN'S ECONOMYFeb. 13, 6:50 p.m. ESTFourth-quarter growth in real gross domestic product probably slowed down. Export growth also likely moderated on weaker U.S. demand. But the Bank of Japan is unlikely to cut interest rates at its Feb. 13-14 monetary policy meeting.

PUBLICIS GROUPE (PB) Feb. 14The French advertising giant issues fourth-quarter results. The company expects earnings growth to improve in 2008 thanks to the Beijing Olympics, European football championships, and U.S. Presidential elections.

EURO ZONE GROWTHFeb. 14, 4 a.m. ESTEconomic growth in the euro zone slowed in the fourth quarter. Downside risks from growth will probably keep the European Central Bank from raising interest rates, despite inflation running above its desired level.

SMALLER TRADE GAPFeb. 14, 8:30 a.m. ESTThe December U.S. trade deficit most likely narrowed. Economists expect a fall in import outlays, due to slightly lower oil prices, as well as further export gains.

CLEAR CHANNEL (CCU)Feb. 14, 4 p.m. ESTThe media company issues fourth-quarter results. There is concern among investors that a private equity buyout will fail. The company's stock is about 18% below the announced purchase price of $37.60 a share.

GREENSPAN TALKSFeb. 14, 7:30 p.m. ESTThe former Federal Reserve Chairman will speak about the economy at an energy conference in Houston.

U.S. FACTORY OUTPUTFeb. 15, 9:15 a.m. ESTA weaker U.S. economy is crimping manufacturing activity. Economists expect a 0.1% rise in January output after no gain in December.

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