BC-Money & Markets Digest
Money & Markets modules for Thursday, Feb. 28
The Commerce Department delivers its preliminary estimate of fourth-quarter economic growth. Keurig Dr. Pepper and J.C. Penney report quarterly results.
The owner of Green Giant canned vegetables and Cream of Wheat breakfast porridge, B&G Foods, plunged to a nearly 7-year low after the Parsippany, New Jersey-based company reported profit far below what Wall Street had expected.
After more than five decades arguing that his successful investments should be measured one way, billionaire Warren Buffet now wants to use a different yardstick.
Weight Watchers (WTW)
Dean Foods (DF)
Versum Materials (VSM)
Palo Alto Networks (PANW)
Campbell Soup (CPB)
EOG Resources (EOG)
Jensen Quality Growth (JENSX)
This “low-fuss, low-muss” fund earns a “Silver” rating. The managers’ forte is spotting historically profitable firms with the wherewithal to remain profitable for years.
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.