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BC-Money & Markets Digest

January 11, 2019

Money & Markets modules for Saturday, Jan. 12

THE WEEK AHEAD

Delta Air Lines serves up its fourth-quarter results Tuesday. The Federal Reserve releases its latest Beige Book snapshot of regional business conditions Wednesday. American Express delivers its latest quarterly results Thursday.

SPOTLIGHT

Shares in General Motors surged after the automaker predicted strong results for this year and said it doesn’t foresee any more job cuts through 2020.

CENTERPIECE

Gadget makers zap guidance

Builders of smartphones and other electronic gadgets are facing a tough 2019 as demand wanes and economic uncertainties mount.

STORY STOCKS

Activision Blizzard (ATVI)

General Motors (GM)

Iridium Communications (IRDM)

Marriott International (MAR)

Vail Resorts (MTN)

ConocoPhillips (COP)

Embraer (ERJ)

PVH (PVH)

FUND FOCUS

Voya Global Equity Dividend (IAGEX)

“Investors should stay away from this fund for now,” Morningstar says, citing a “lack of clarity about how their money will be managed” following a “drastic reorganization.”

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