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BC-Money & Markets Digest

April 2, 2019

Money & Markets modules for Wednesday, April 3

TODAY

Payroll processor ADP issues its snapshot of hiring by private U.S. companies in March. Commercial lighting company Acuity Brands reports quarterly results. The Mortgage Bankers Association serves up its weekly survey of mortgage applications.

SPOTLIGHT

Walgreens Boots Alliance shares plunged after the pharmacy chain warned its 2019 results would be worse than previously forecast.

CENTERPIECE

Mixed fortunes

Europe’s luxury goods companies are in for a year of mixed fortunes, with their fates dependent on how well they adapt to slowing demand from Chinese consumers.

STORY STOCKS

Walgreens Boots Alliance (WBA)

AngioDynamics (ANGO)

Senior Housing Properties Trust (SNH)

UGI (UGI)

Delta Air Lines (DAL)

Ameriprise Financial (AMP)

CVS Health (CVS)

Tanger Factory Outlet Centers (SKT)

FUND FOCUS

ClearBridge Large Cap Growth (SBLGX)

“A well-balanced growth portfolio” is how Morningstar describes this “Bronze”-rated offering, which benefits from an “experienced team.”

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