BC-Money & Markets Digest
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.
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.
Gadget makers zap guidance
Builders of smartphones and other electronic gadgets are facing a tough 2019 as demand wanes and economic uncertainties mount.
Activision Blizzard (ATVI)
General Motors (GM)
Iridium Communications (IRDM)
Marriott International (MAR)
Vail Resorts (MTN)
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.”
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.