BC-APFN-Money & Markets Digest
Money & Markets modules for Tuesday, June 12
The Labor Department reports the consumer price index for May. The NFIB reports its small business sentiment index for May. H&R Block reports its fourth-quarter earnings.
Sempra Energy shares leapt to a 6-month high after the San Diego-based electric and gas utility was targeted by activist investors Elliott Management and Bluecape Resources.
Airfares set to take off
American Airlines and Delta Air Lines are both warning that airfares need to rise in order to protect their profits as jet fuel costs soar.
Envision Healthcare (EVHC)
Sempra Energy (SRE)
Genworth Financial (GNW)
Boston Scientific (BSX)
MFS International Diversification (MDIDX)
Morningstar calls this fund of funds a “solid core international holding.” It has sustained far less volatility than its rivals and “has consistently outperformed in down markets.”
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.