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BC-Money & Markets Digest

August 17, 2018

Money & Markets modules for Saturday, Aug. 18

THE WEEK AHEAD

J.M. Smucker serves up quarterly results Tuesday. The National Association of Realtors issues its monthly tally of U.S. existing home sales Wednesday. Ross Stores reports its latest quarterly results Thursday.

SPOTLIGHT

Nordstrom shares notched their biggest gain in more than four years after the upscale department store chain reported strong earnings growth for the second quarter and raised its profit outlook for the year.

CENTERPIECE

Decision time for Ford

Although Ford Motor Co. has said a $7 billion revamp is under way, a lack of specifics has perplexed analysts and sent the stock tumbling.

STORY STOCKS

Nvidia (NVDA)

Applied Materials (AMAT)

Tesla (TSLA)

Nordstrom (JWN)

Zoe’s Kitchen (ZOES)

Deere & Co. (DE)

Pinnacle West Capital (PNW)

Accuray (ARAY)

FUND FOCUS

Laudus US Large Cap Growth (LGILX)

Morningstar has upgraded this fund’s rating to “Silver” from “Bronze,” citing its established manager and below-average fees.

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