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BC-APFN-Money & Markets Digest

September 5, 2018

Money & Markets modules for Thursday, Sept. 6

TODAY

The Commerce Department issues its monthly snapshot of business orders to U.S. factories. Broadcom serves up its quarterly results. The Labor Department reports its weekly tally of applications for unemployment aid.

SPOTLIGHT

Vera Bradley shares soared after the luggage and accessories maker posted strong results for its most recent quarter and raised its profit forecast for the year.

CENTERPIECE

Fast out of the gate

The nation’s eight publicly traded health insurers started 2018 quickly, as nearly all grew profits in the year’s first half: they made more than $25 billion combined, a 13 percent increase over last year’s first half, according to Moody’s.

STORY STOCKS

Twitter (TWTR)

Vera Bradley (VRA)

RH (RH)

Halliburton (HAL)

Tabula Rasa Healthcare (TRHC)

Caleres (CAL)

Duluth Holdings (DLTH)

Adobe Systems (ADBE)

FUND FOCUS

BlackRock High Yield Bond (BHYAX)

This fund “stands the test of time,” Morningstar says. Its flexible approach allows managers to be cautious when riskier bonds offer poor compensation.

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