BC-Money & Markets Digest
Money & Markets modules for Thursday, May 2
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.
CVS shares jumped after the drugstore operator got a profit boost from a major acquisition and it raised its forecast.
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.
CVS Health (CVS)
Royal Caribbean Cruises (RCL)
Garmin Ltd. (GRMN)
Nu Skin (NUS)
Molson Coors (TAP)
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.”
For questions about Money & Markets modules, please contact Seth Sutel (212-621-1618). 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.