April 6 - Big S&P 500 companies are warning investors not expect too much from earnings reports next week. Thomson Reuters analyst Jharonne Martis says Alcoa and SUPERVALU are likely to miss estimates.
Here -- -- US week ahead huge giants they're at least reporting earnings next week. On Thursday we'll hear from Google analysts expect earnings per share nine dollars 64 cents an increase from a year ago. Investors paying close attention to what Google says about ad rates and are looking for more details on its mobile business. As well how will you against FaceBook which is set to go public next month. JPMorgan Chase is also releasing results analysts are expecting earnings to drop to a dollar fifteen share. To our big S&P 500 companies out key ally and Supervalu are also reporting next week. And Thomson Reuters analyst around artists as investors will likely be disappointed. According to -- my Smart -- the meant a concept of value are very likely to miss their earnings estimate and posting negative surprise. Other companies are also warning investors that analysts. Not to expect much from them because of the three main reasons slower global economic growth. Less favorable exchange rates and higher commodity fuel and energy prices. Other companies reporting after the long weekend include industrial supply company that's now and banking -- Wells Fargo. The devil's in the details or is so they believe over the Atlanta fed which is host a conference about financial reform. And shows the Dublin details combination for its official name. The most prominent guest Federal Reserve Chairman Ben Bernanke. He's giving a keynote speech on Monday evening participants are going to discuss financial markets and housing. We get a glimpse of how the economy is doing and the Federal Reserve issues that they spoke on Wednesday which is an economic health check of the twelve. Federal Reserve districts. And a gaggle of fed speakers will try to enlighten us about their views on that policy. A week after fed minutes said further stimulus was not likely sending markets into a dive. Among the speakers Federal Reserve vice chair Janet Yellen Minneapolis fed president Mary -- -- -- at coda. Dallas as Richard Fisher Kansas City fed president asked George and -- -- -- president Dennis Lockhart. We'll get some important economic data at the end of next week that could shine some light on inflation. US producer prices come out on Thursday and are expected to rise three point 1% less from the prior month. That consumer prices come out on Friday there are also expected to show less than an increase and the month earlier. In other economic data coming up next week we also have initial claims international trade and the Reuters University of Michigan consumer sentiment index. I'm Rhonda schaffler this writers.