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BC-Money & Markets Digest

August 7, 2018

Money & Markets modules for Wednesday, Aug. 8

TODAY

CVS Health, Craft Brew Alliance and Thomson Reuters all report quarterly earnings today.

SPOTLIGHT

Etsy shares surged after the arts and crafts marketplace reported stronger sales than analysts had expected and raised its forecasts for the year.

 

CENTERPIECE

Coffee break

Consumers are seeing prices rise on many products, but coffee shouldn’t be one of them thanks to record forecast production of 171.2 million bags.

STORY STOCKS

Etsy (ETSY)

Hertz (HTZ)

Alphabet (GOOGL)

Dentsply Sirona (XRAY)

Zillow (ZG)

Weight Watchers (WTW)

Tenet Healthcare (THC)

Cimarex Energy (XEC)

FUND FOCUS

PRIMECAP Odyssey Growth (POGRX)

While this fund’s benchmark-agnostic approach can lead to high concentrations in certain industries, it “richly rewards long-term investors,” Morningstar says.

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