AP NEWS
Related topics

BC-Money & Markets Digest

March 7, 2019

Money & Markets modules for Friday, March 8

TODAY

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.

SPOTLIGHT

Kroger shares sank after the grocer said weaker revenue and spending on modernization hurt its profits.

CENTERPIECE

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.

STORY STOCKS

Resideo Technologies (REZI)

Guidewire Software (GWRE)

Burlington Stores (BURL)

H&R Block (HRB)

Mosaic (MOS)

American Eagle Outfitters (AEO)

Stratasys (SSYS)

Kroger (KR)

FUND FOCUS

Matthews Asia Growth (MPACX)

This “Silver”-rated fund is a “superior” choice for getting broad exposure to Asian stocks, Morningstar says.

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.