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BC-Money & Markets Digest

November 16, 2018

Money & Markets modules for Saturday, Nov. 17

THE WEEK AHEAD

The National Association of Home Builders issues its November builder sentiment index Monday. Best Buy serves up its third-quarter results Tuesday. The Commerce Department reports its October tally of durable goods orders Wednesday.

SPOTLIGHT

Williams-Sonoma shares fell to a six-month low after the upscale kitchenware retailer said its third-quarter sales suffered from disruption tied to new U.S. tariffs on Chinese imports.

CENTERPIECE

A tale of two stores

Heading into the holidays, Macy’s and J.C. Penney face far different fortunes: Macy’s says innovation is driving faster profit growth, while J.C. Penney is still trying to figure out its identity.

STORY STOCKS

Nvidia (NVDA)

Applied Materials (AMAT)

Nordstrom (JWN)

PG&E (PCG)

Williams-Sonoma (WSM)

Intel (INTC)

Shoe Carnival (SCVL)

Sprint (S)

FUND FOCUS

T. Rowe Price Equity Income (PRFDX)

Morningstar says this “Silver”-rated fund has adjusted well to a manager change and has stayed true to its mission of finding undervalued dividend-payers.

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