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BC-APFN-Money & Markets Digest

September 27, 2018

Money & Markets modules for Friday, Sept. 28

TODAY

The Commerce Department reports consumer spending data for August. Car rental business YayYo debuts on the Nasdaq stock market. The University of Michigan releases its monthly consumer sentiment report.

SPOTLIGHT

Conagra shares plunged to an 11-month low Thursday after the packaged food maker reported disappointing first-quarter results.

CENTERPIECE

Stuffing the bank

Given how much money they sit on, financial-services companies have always presented ripe targets for hackers. Now attackers are getting bolder thanks to “stuffing” and other new techniques that exploit peoples’ carelessness with passwords.

STORY STOCKS

Apple (APPL)

Carnival (CCL)

Bed Bath & Beyond (BBBY)

Conagra Brands (CAG)

Geron (GERN)

WellCare Health Plans (WCG)

Amazon.com (AMZN)

Freeport McMoRan (FCX)

FUND FOCUS

T. Rowe Price Real Estate (TRREX)

The upcoming retirement of longtime manager David Lee is “a significant blow,” Morningstar says. It cut the fund’s rating to “Bronze” from “Gold,” but says the fund retains “many positive features.”

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