Investors look set to keep pushing against Facebook’s valuations, forcing the stock to slide according to Thomson Reuters PeHub Editor Jonathan Marino.
From -- does -- -- how can Facebook's. Best buy updates on its hunt for a new boss and we expect to help the housing. -- shares tumbled 11%. Monday -- over ten billion dollars from its market cap. This after this network titans she underwriter Morgan Stanley. Withdrew its events that 38 dollar IPO price analysts say and share -- -- is getting any concerns about Facebook's ability to grow it generate cash. Question how FaceBook performed Tuesday Thomson Reuters the hot editor Jonathan arena says don't be surprised if further. -- about Facebook's stock all of them Monday but unfortunately it was not leveled the company was trying so last week. Investors are really now starting to push back -- C 100 times earnings multiple of FaceBook went public with on Friday and the company's stock prices suffered. Research firm -- Khost -- repeat of the genius of the share price to slide into the twenty dollar range -- in 2012. Investors wanna hear how close best buy is to getting a new CEO when it reports earnings of previous spot Brian Dunn resigned last month after having an proper relationship with a female employee. The consumer electronics giant might have to hire an outsider to restore confidence. Usually passed by Elsa says it will shed more light on how will fight online and discount rivals. Also on the results radar AutoZone Medtronic Ralph Lauren and down. For -- data heads the focus will be on existing home sales at 10 AM. Really think is not out of the woods yet but I have -- says sales are expected to rise to four point 55 million units in April. That's just to keep reducing the amount of unsold homes on the market. Boosting the sector lower mortgage rates this. Expect wells Fargo's portfolio strategy to be scrutinized what it holds its investor day analyst wanna know how can manage its growth and avoid that straight debacle that it's JPMorgan. Well is that one of the more successful US banks in recent years. It expanded to the East Coast after buys Wachovia and out clips as JPMorgan. As the largest bank by market value. Get our guidance on how to -- plans to keep the recovery on track when they keep policy makers speaks. Atlanta fed president Dennis Lockhart is in Hong Kong and we'll give his take on monetary policy in regulation. At 615 an 8:30 AM. Recently the moderate jobs at that time wasn't right to launch QE3. Instead -- that is Central Bank should improve its communications. That's everyday ahead follow us on Twitter at Reuters Insider I'm Rhonda -- this is Reuters.