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BC-Money & Markets Digest

February 26, 2019

Money & Markets modules for Wednesday, Feb. 27

TODAY

The Commerce Department issues its monthly tally of U.S. durable goods orders. Best Buy and Lowe’s report quarterly results.

SPOTLIGHT

The owner of Nashville’s famed Ryman Auditorium and the Grand Ole Opry, Ryman Hospitality, reported higher profit in the fourth quarter and said newly opened attractions would help lift earnings in 2019.

CENTERPIECE

Upwardly mobile

As the geopolitical battle simmers between the U.S. and China over Huawei and its role in new 5G mobile networks, the Chinese tech company’s Scandinavian rivals are watching from the sidelines.

STORY STOCKS

Mallinckrodt (MNK)

Tenet Healthcare (THC)

J.M. Smucker (SJM)

AutoZone (AZO)

Discovery (DISCA)

Mosaic (MOS)

Home Depot (HD)

Rent-A-Center (RCII)

FUND FOCUS

Templeton Foreign (TEMFX)

The fund is losing its lead manager in July, leaving it without its longest-tenured manager, Morningstar says. It cut the fund’s rating to “Neutral” from “Bronze.”

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