BC-Money & Markets Digest
Money & Markets modules for Saturday, May 25
THE WEEK AHEAD
S&P issues its monthly CoreLogic Case-Shiller U.S. home price index Tuesday. The Commerce Department delivers its latest estimate of first quarter U.S. economic growth Thursday and its April snapshot of consumer spending Friday.
Footlocker trips up
A dismal earnings report and concerns over the impact of an escalating trade war erased Footlocker stock’s yearly gains in its worst plunge in two years.
T-Mobile and Sprint are getting mixed signals as they try to connect in a $26.5 billion deal ahead of the latest wireless technology rollout.
Total System Services (TSS)
Deckers Outdoor (DECK)
Hibbett Sports (HIBB)
Foot Locker (FL)
Fidelity Int’l Capital Apprec (FIVFX)
This “Bronze”-rated fund’s “unique approach” has brought it “much success,” Morningstar says.
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.