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BC-Money & Markets Digest

May 1, 2019

Money & Markets modules for Thursday, May 2

TODAY

The Labor Department issues its tally of U.S. worker productivity in the first quarter. Beyond Meat makes its stock market debut. Live Nation serves up its latest quarterly snapshot.

SPOTLIGHT

CVS shares jumped after the drugstore operator got a profit boost from a major acquisition and it raised its forecast.

CENTERPIECE

Spotify goes super platinum

Apple Music may have quickly gained paying subscribers since its debut nearly four years ago, but popular music streaming service Spotify is still the king.

STORY STOCKS

Apple (AAPL)

CVS Health (CVS)

Royal Caribbean Cruises (RCL)

Groupon (GRPN)

Garmin Ltd. (GRMN)

Nu Skin (NUS)

Hilton (HLT)

Molson Coors (TAP)

FUND FOCUS

American Funds Bond Fund of America (ABNDX)

Since the financial crisis, this fund has benefited from an improved tool kit and the addition of new management talent. Morningstar rates it “Bronze.”

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