BC-Money & Markets Digest
Money & Markets modules for Friday, August 31
The University of Michigan’s consumer sentiment index and MNI Indicators’ Chicago Business Barometer are released today. Big Lots reports its latest quarterly earnings.
Campbell Soup shares declined after the maker of soups and snacks said it plans to sell its international division to focus on its business in North America and pay down debt.
Higher costs clip airlines’ wings
Airline revenue rose 6.5 percent in the first half of 2018, but costs, led by fuel and labor, grew at an even faster rate of 11.6 percent. With investors impatient for fatter profit margins, higher fares and fees are likely on the way.
Electronic Arts (EA)
Dollar Tree (DLTR)
Signet Jewelers (SIG)
Abercrombie & Fitch (ANF)
K2M Group (KTWO)
Campbell Soup (CPB)
Matthews Korea Investor (MAKOX)
This fund is a “good source of exposure to its target market,” yet quite risky “owing to its geographic focus,” Morningstar says. It rates the fund “Bronze.”
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