BC-APFN-Money & Markets Digest
Money & Markets modules for Saturday, Dec. 1
THE WEEK AHEAD
AutoZone serves up its fiscal first-quarter results Tuesday. The Commerce Department reports its latest monthly measure of the nation’s trade gap Thursday. The Labor Department issues its monthly tally of hiring by nonfarm employers Friday.
Marriott International shares slumped Friday after the hotel chain announced a data breach that affects as many as 500 million guests.
United Technologies splits
United Technologies, a nearly century-old conglomerate with roots in the early days of aviation, is reversing course and splitting into three separate businesses after prodding from investors.
Marriott International (MAR)
LabCorp of America (LH)
Sprouts Farmers Markets (SFM)
T. Rowe Price Retirement Balanced (TRRIX)
This fund keeps a mix of 40% stocks and 60% bonds and is meant to serve as a holding throughout retirement. Low fees and solid managers earn it a “Silver” analyst rating from Morningstar.
For questions about Money & Markets modules, please contact Greg Keller (212-621-7958). 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.