BC-Money & Markets Digest
Money & Markets modules for Friday, March 8
The Labor Department reports its monthly snapshot of hiring by nonfarm employers. The Commerce Department issues its January tally of newly started residential construction. Truck engine manufacturer Navistar serves up its quarterly results.
Kroger shares sank after the grocer said weaker revenue and spending on modernization hurt its profits.
The sound of music
Digital downloads accounted for just 11 percent of the U.S. music industry’s revenue last year, slightly lower than physical sales such as CDs. Instead, consumers turn to streaming services that offer a large catalog of songs for a monthly fee.
Resideo Technologies (REZI)
Guidewire Software (GWRE)
Burlington Stores (BURL)
H&R Block (HRB)
American Eagle Outfitters (AEO)
Matthews Asia Growth (MPACX)
This “Silver”-rated fund is a “superior” choice for getting broad exposure to Asian stocks, Morningstar says.
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