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BC-Money & Markets Digest

May 9, 2019

Money & Markets modules for Friday, May 10

TODAY

Uber makes its stock market debut. The Labor Department reports consumer inflation data for April. The Treasury Department releases April budget figures.

SPOTLIGHT

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.

CENTERPIECE

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.

STORY STOCKS

Stamps.com (STMP)

Fossil (FOSL)

Green Dot (GDOT)

Tapestry (TPR)

Fox (FOXA)

Etsy (ETSY)

Roku (ROKU)

Vishay Intertechnology (VSH)

FUND FOCUS

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.

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