BC-Money & Markets Digest
Money & Markets modules for Wednesday, May 8
Walt Disney, Wendy’s and Carvana report quarterly results.
Ferrari’s profits rose in the first quarter as demand for its luxury sports cars grew, particularly in China.
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.
American International Group (AIG)
Phibro Animal Health Corp. (PAHC)
Solar Edge Technologies (SEDG)
Regeneron Pharmaceuticals (REGN)
Henry Schein (HSIC)
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.
For questions about Money & Markets modules, please contact Seth Sutel (212-621-1618). For technical support: contact Todd Balog (816-654-1096). After 6 p.m., contact the AP Business News desk (800-845-8450, ext. 1680) for content questions; 1-800-3AP-STOX for technical support and 212-621-1905 for graphics help. The Money &Markets digest can also be found at www.markets.ap.org.