Big U.S. Trade Gap Expected, and European Stimulus Plan at Issue
- 6 years ago
Big U.S. Trade Gap Expected, and European Stimulus Plan at Issue
Several European lenders have already said they have taken large charges related to changes in United States tax laws, with the Swiss bank UBS, for
example, falling to a loss in the quarter as a result of a write-down of 2.87 billion francs, or about $3.08 billion, on deferred tax assets
Mr. Iger could also mount a defense of the “Star Wars” franchise (the last film flopped in China
and took in $612 million in North America, less than some people would have liked) while facing questions about the future leadership of ESPN, where the hunt for a new president is underway.
Here’s what to expect in the week ahead:
The official reason that Mario Draghi, the president of the European Central Bank, is appearing
on Monday before the European Parliament is to present the bank’s annual report for 2017.
But members of the European Parliament, meeting in Strasbourg, France, are certain to ask Mr. Draghi the burning
question of the moment: When will the central bank end the stimulus program known as quantitative easing?
When the Walt Disney Company reports its earnings on Tuesday afternoon for the quarter
that ended in December, Wall Street expects to see per-share profit of roughly $1.61 and revenue of $15.5 billion, each up about 4 percent from the same quarter in 2016.
Several European lenders have already said they have taken large charges related to changes in United States tax laws, with the Swiss bank UBS, for
example, falling to a loss in the quarter as a result of a write-down of 2.87 billion francs, or about $3.08 billion, on deferred tax assets
Mr. Iger could also mount a defense of the “Star Wars” franchise (the last film flopped in China
and took in $612 million in North America, less than some people would have liked) while facing questions about the future leadership of ESPN, where the hunt for a new president is underway.
Here’s what to expect in the week ahead:
The official reason that Mario Draghi, the president of the European Central Bank, is appearing
on Monday before the European Parliament is to present the bank’s annual report for 2017.
But members of the European Parliament, meeting in Strasbourg, France, are certain to ask Mr. Draghi the burning
question of the moment: When will the central bank end the stimulus program known as quantitative easing?
When the Walt Disney Company reports its earnings on Tuesday afternoon for the quarter
that ended in December, Wall Street expects to see per-share profit of roughly $1.61 and revenue of $15.5 billion, each up about 4 percent from the same quarter in 2016.