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BC-Money & Markets Digest

August 27, 2018

Money & Markets modules for Tuesday, August 28

TODAY

The Conference Board issues its monthly snapshot of U.S. consumer confidence. Best Buy reports second-quarter earnings, and S&P releases its CoreLogic Case-Shiller home price index for June.

SPOTLIGHT

Tilray shares soared after the Toronto-based medical marijuana producer said it will supply “Marley Natural” and other varieties of cannabis for sale by Nova Scotia’s liquor and marijuana monopoly.

CENTERPIECE

Measuring loyalty

Hotel loyalty programs have hundreds of millions of members. But the jury is still out on how much they help hotels.

STORY STOCKS

Tesla (TSLA)

American Woodmark (AMWD)

Tilray (TLRY)

General Motors (GM)

Pfizer (PFE)

Caterpillar (CAT)

Goldman Sachs (GS)

Duke Energy (DUK)

FUND FOCUS

Columbia Dividend Opportunity (INUTX)

New management plans to overhaul the fund’s process to reduce risk, but it “still needs to prove they can implement” the process at a majority-equity fund, Morningstar says.

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