BC-APFN-US--Money & Markets Digest
Money & Markets modules for Tuesday, August 5
All graphics are sent by 6 p.m. EDT
Wall Street anticipates that Disney’s latest quarterly earnings improved from a year ago.
Kors shares sink
Shares of Michael Kors dropped sharply Monday after the company predicted earnings for the current quarter that fell short of expectations.
Investors are casting a wider net in their search for big growth from smaller companies. They’re increasingly looking outside the United States, attracted by the cheaper price tags available on stocks from Europe or Asia.
Michael Kors (KORS)
Realogy Holdings (RLGY)
Impax Laboratories (IPXL)
Ligand Pharma. (LGND)
MFS New Discovery A (MNDAX)
MFS New Discovery is a small-cap growth fund that Morningstar says is a “capable long-term choice,” though it may go through periods of underperforming.
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