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BC-Money & Markets Digest

May 7, 2019

Money & Markets modules for Wednesday, May 8

TODAY

Walt Disney, Wendy’s and Carvana report quarterly results.

SPOTLIGHT

Ferrari’s profits rose in the first quarter as demand for its luxury sports cars grew, particularly in China.

CENTERPIECE

Cord-cutting picks up

The number of cable TV subscribers is dropping faster than ever. Blame an ever-growing pile of streaming services to choose from, with big names Apple, Disney and AT&T rolling out their own versions soon to join Netflix, Hulu and others.

STORY STOCKS

American International Group (AIG)

Mylan (MYL)

Phibro Animal Health Corp. (PAHC)

Solar Edge Technologies (SEDG)

Crocs (CROX)

Mosaic (MOS)

Regeneron Pharmaceuticals (REGN)

Henry Schein (HSIC)

FUND FOCUS

Artisan International Small-Mid (ARTJX)

This fund is in “good hands” with a new management team and its approach inspires “confidence,” Morningstar says, earning it a “Bronze” analyst rating.

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