BC-Money & Markets Digest
Money & Markets modules for Friday, May 10
Uber makes its stock market debut. The Labor Department reports consumer inflation data for April. The Treasury Department releases April budget figures.
Edgewell Personal Care shares sank after the maker of Schick razors and Hawaiian Tropic sunscreen said it would buy upstart shaving company Harry’s for $1.37 billion.
Super-sized annual meetings
With 40,000 attendees, conglomerate Berkshire Hathaway’s shareholder meeting is by far the largest annual gathering of investors in the world.
Green Dot (GDOT)
Vishay Intertechnology (VSH)
Federated Ultrashort Bond (FULAX)
This “cash-plus” fund “does not shy away from risks,” Morningstar notes, but its veteran manager has been careful not to overdo it.
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.