BC-Money & Markets Digest
Money & Markets modules for Friday, Aug. 3
The Labor Department releases nonfarm payroll numbers for July; Kraft Heinz reports second-quarter earnings; the Commerce Department reports on the nation’s trade gap in June.
Blue Apron shares slumped to a nearly four-month low after the meal kit company said it lost customers in the second quarter and revenue was weaker than Wall Street expected.
Too much of a good thing?
Centene is counting on the Affordable Care Act’s insurance exchanges for a big slice of its growth, and that’s stirring some concern.
Wynn Resorts (WYNN)
Blue Apron (APRN)
Rockwell Automation (ROK)
Dreyfus Structured Midcap (DPSAX)
“The math doesn’t add up for this fund,” says Morningstar, which notes that it’s “struggling to climb out of mediocrity.”
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.