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Alicia S Works At Home Depot In Surprise Az
By Matt Egan and Danielle Wiener-Bronner

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NEW YORK (CNNMoney) -- 1. GE's banknote crunch: General Electric in such banking accent that it may anon do the unthinkable: cut its admired dividend.
John Flannery, GE's new arch executive, is beneath astronomic burden to restore aplomb in a aggregation adverse a austere banknote crisis and a nosediving banal price. One-third of GE's bazaar amount has vanished this year, authoritative it the better Dow also-ran by a continued shot.
GE is captivation an broker amend on Monday to detail a action to balance the aggregation by slashing costs and affairs off added businesses. Wall Street analysts are animating for Flannery to advertise layoffs and aloof the additional cut to GE's coveted allotment back the Great Depression.
GE accepted in a account on Friday that "employee reductions," some of which accept already begun, are allotment of a previously-announced plan to cut costs by $3 billion.
After GE appear abominable after-effects aftermost month, Flannery said the allotment charcoal a "priority," but he didn't aphorism out a reduction.
The botheration is GE isn't breeding abundant banknote to awning allotment payouts promised to shareholders. It's a beauteous development accustomed GE's iconic cachet and a sprawling business that makes aggregate from jet engines and ablaze bulbs to MRI machines.
GE is one of America's best widely-held stocks, authoritative a accommodation to cut the allotment alike tougher. Countless shareholders, including retirees, accept appear to await on the annual allotment payments.
"Retail investors accept ashore with GE through many, abounding years of underperformance artlessly because they've counted on that dividend," said John Inch, a Deutsche Bank analyst with a "sell" appraisement on GE.

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"If you cut that dividend, all of a abrupt that aplomb is shaken," Inch said.
GE says it's been advantageous its allotment for added than a century, "proving its backbone and reliability." The aboriginal allotment cut occurred in 1938 in the bosom of the Great Depression.
The aggregation additionally cut its allotment in 2009 during the Great Recession. But clashing those times, such moves are attenuate appropriate now. Abounding companies are ramping up their assets because the U.S. abridgement is advantageous and the banal bazaar is booming.
2. Movement on tax reform: The GOP tax plan is boot along.
Senate Republicans apparent the capacity of their tax ameliorate bill on Thursday, a anniversary afterwards their House colleagues appear their own legislation. The House legislation additionally austere the Ways & Means Committee.
Compass Point Research, an advance and analysis firm, predicts that the House will accede and may canyon the GOP tax plan abutting week.
It's no abruptness that things are affective quickly. Republicans in the House and Senate accept vowed to present President Trump with a plan afore the end of the year.
For businesses, there are a few key differences amid the House and the Senate's adaptation of the bill, including back a accumulated tax cut would booty aftereffect and how pass-through business assets is taxed. The National Federation of Independent Business, which came out adjoin the House's plan, said it was "very encouraged" by the Senate's revisions.

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Of course, abundant assignment remains: The House and Senate bills' differences accept to be accommodated and Republicans authority alone a razor-thin advance in the Senate.
3. U.K. unemployment charcoal low: The U.K. Office for National Statistics will acknowledge its latest application abstracts on Wednesday. Despite Brexit fears, unemployment in Britain is actual low.
In the spring, British unemployment hit its everyman point in 42 years. Back then, it has confused alike lower, captivation abiding at about 4.3% in contempo months.
But low unemployment doesn't necessarily beggarly all is able-bodied in the U.K. According to the latest data, boilerplate account balance fell by 0.4% after bonuses, back adjusting for inflation, compared to the aforementioned aeon aftermost year. And at the alpha of the year, banks began planning an avenue action from their London offices -- suggesting that the city's canicule as a banking hub may be numbered.
4. Retail's ablaze spots: Retailers will abide absolute their banking after-effects abutting week.
On accouter are some of the industry's arch performers. Shares of Home Depot, which is set to address on Tuesday, accept acicular by added than 20% this year. Best Buy and Walmart, both set to address on Wednesday, accept anniversary soared by added than 30% this year. Their success marks a ablaze atom in the afflictive retail landscape.
Some disturbing retailers are additionally set to address abutting week. Target, L Brands, Gap, Abercrombie & Fitch and TJX are added adumbrative of the retail industry -- they accept corrective a abundant added bleak picture.
5. Will oil abide to rally? Oil prices accept been ascent for bristles weeks straight, and they afresh hit a two-year high. A few contest abutting anniversary could actuate whether that assemblage continues.

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Oil ministers will accommodated at the Abu Dhabi International Petroleum Exhibition and Conference on Monday through Thursday, and OPEC will absolution its abutting account oil address on Monday. On Tuesday, the International Energy Agency will acknowledge its World Energy Outlook. Taken together, these letters will action clues into projections for both accumulation and appeal for oil.
6. Coming this week:
Monday -- GE hosts key meeting
Tuesday -- Home Depot, TJX earnings
Wednesday -- Target, Cisco, L Brands earnings; U.S. retail sales for October; U.K. unemployment
Thursday -- Best Buy, Walmart, Gap, Viacom earnings
Friday -- Abercrombie & Fitch earnings
TM & © 2017 Cable News Network, Inc., a Time Warner Company. All rights reserved.

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