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BC-Money & Markets Digest

January 16, 2019

Money & Markets modules for Thursday, Jan. 17

TODAY

Netflix and American Express report fourth-quarter results. Mortgage buyer Freddie Mac issues its weekly snapshot of home loan rates.

SPOTLIGHT

Stock in video game giant Electronic Arts slumped after a report that it’s abandoning development of a new “Star Wars” game.

CENTERPIECE

Shutdown headwind for airlines

Airline investors are worried about the impact the ongoing partial government shutdown will have on the industry’s profits.

STORY STOCKS

Goldman Sachs (GS)

Bank of America (BAC)

United Continental (UAL)

Fiserv (FISV)

Snap (SNAP)

Sears (SHLDQ)

Nordstrom (JWN)

Electronic Arts (EA)

FUND FOCUS

T. Rowe Price Short-Term Bond (PRWBX)

An “undistinguished” process and “inconsistent” execution earn this fund a “Neutral” rating, Morningstar says, despite affordable fees and an experienced manager.

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