BC-APFN-Money & Markets Digest
Money & Markets modules for Saturday, Nov. 10
THE WEEK AHEAD
The Treasury issues it monthly report on the budget Tuesday; The Labor Department reports consumer inflation data for last month on Wednesday; Walmart releases its quarterly results on Thursday.
Yelp plummeted to its worst single-day loss after the online reviews site reported soft sales and warned investors that the current quarter will also be weak.
Room for improvement
Slowing spending growth on home improvements has concerned some investors in Home Depot and Lowe’s, but shareholders shouldn’t overestimate the impact.
Walt Disney (DIS)
Activision Blizzard (ATVI)
Fidelity Advisor Leveraged Co. Stk. (FLSAX)
Morningstar calls this fund “risky, but differentiated.” With reasonable fees and solid resources, it earns a “Bronze” rating.
For questions about Money & Markets modules, please contact Greg Keller (212-621-7958). 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.