May 22 - Sony's CEO says he will assess Dan Loeb's plan to spin off part of the company and Ford to produce more cars to meet demand.
It's all about the bad for today's morning call Ben Bernanke talking to congress about jobs growth. The housing recovery and it's -- -- QE3. We'll be streaming live insider beginning it's an Easter. Doesn't give me your -- makes the FOMC is set to release the details of the April meeting. Wall Street all ears to find -- if it has any timetable for ending a bond buying campaign -- -- five billion a month into the US economy. And the New York -- William Dudley said yesterday he's not sure whether policy makers will increase or reduce the amount -- purchases. To be uncertain economic outlook and cutback would likely spell the end of the equity rally. But Dudley do right by the stock market on Tuesday its sort after his comments. Stock futures this morning pointing to a higher start. Add to earnings target to report results shortly either retailer -- in April that earnings for the first quarter would miss expectations on weak sales of seasonal items. And also predicted same store sales to be roughly flat. One thing that may catch investors' attention targets plans jumping into video streaming and how that may affect the bottom line. Shares up 21%. This year. HP is reporting results after the bell today and it's not looking good mainly for two reasons first PC sales are falling down 14% last quarter. And also rival -- disastrous results are bad element it's not a 79%. Slide income reported last week. So although in two years into her tenure at HP is trying to make that turner ran magic cat in the odds are against her. Now for some stocks to watch let's start with Sony looks like CEO position well her right can't resist and -- chart after all. Rice said today that Sony -- discuss the idea to spin off the entertainment business. 21 point two billion dollar company has a large pool of foreign investors who could be more easily tempted by the war in the near term -- each game. There point hedge fund has a 6% stake in Sony making it the biggest stockholder. Before their point amassed at stake 35%. Stock was held overseas compared with 22%. At rival Paris on. Ford racing ahead disclosing plans to build an addition 40000 vehicles this year factories in the US. Ford's sales are up nearly 13% for the first four months of the year while the broader market is up 7%. And another company that outperforming it's peers CBS. This season's ratings are and CBS took the crown after 21 years in ratings for age group eighteen to 49. One advertisers hunger for them. For you fashion based Saks Fifth Avenue is being -- by sovereign wealth and private equity funds according to New York analyst. Analysts and to -- a prize to all eighteen to twenty dollar range. Shares soaring 20% in the pre market. I think we're Wednesday morning call -- never follow us on Twitter at Reuters Insider get more great players dot com slash. -- -- -- -- --