BC-APFN-Money & Markets Digest
Money & Markets modules for Thursday, June 7
The Federal Reserve releases data on consumer borrowing in April, and the Labor Department reports weekly jobless benefit claims numbers. J.M. Smucker reports fourth-quarter earnings.
Tesla CEO Elon Musk has overcome a shareholder attempt to overhaul the electric car company’s board and strip him of his role as chairman.
Novo’s next stage
Denmark’s Novo Nordisk has launched three drugs in the U.S. this year. Despite the top insulin maker’s dominance in diabetes, things aren’t as sweet as they appear.
Signet Jewelers (SIG)
Devon Energy (DVN)
Alliant Energy (LNT)
Franklin Federal Interm-Term (FKITX)
With the two managers at the helm “for decades,” this fund boasts relatively low fees and an experienced, stable team, Morningstar says of this “Bronze”-rated fund.
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