BC-Money & Markets Digest
Money & Markets modules for Friday, Aug. 24
The Commerce Department issues monthly data on durable goods orders. Foot Locker serves up its quarterly results. Oilfield services company Baker Hughes releases its weekly tally of U.S. oil and natural gas rigs.
Williams-Sonoma surged to its biggest gain in seven years as investors grew more hopeful that the cookware and home furnishings company is back on track.
Hotel loyalty programs have hundreds of millions of members. But the jury is still out on how much they help hotels.
L Brands (LB)
Fidelity International Growth (FIGFX)
Morningstar upgraded this fund to “Silver,” citing greater confidence in its lead manager, who focuses on companies with long-term growth potential and high barriers to entry.
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