BC-Money & Markets Digest
Money & Markets modules for Saturday, July 14
THE WEEK AHEAD
UnitedHealth Group serves up second-quarter earnings on Tuesday. The Commerce Department reports its monthly tally of newly begun residential construction projects Wednesday. Microsoft delivers its fiscal fourth-quarter results Thursday.
Johnson & Johnson shares slipped after a St. Louis jury awarded nearly $4.7 billion in total damages to 22 women and their families who claimed asbestos in the company’s talcum powder contributed to their ovarian cancer.
Seeking investor input
The SEC is conducting a nationwide roadshow to gather input on its proposed change to rules governing investors’ relationships with advisers and brokers, with hundreds of billions of dollars in retirement savings at stake on the outcome.
Wells Fargo (WFC)
Northrop Grumman (NOC)
Johnson & Johnson (JNJ)
MainStay Floating Rate (MXFNX)
A recent fee reduction, thorough approach and an experienced team “anchor this solid fund,” Morningstar says, meriting an upgrade in its analyst rating to “Bronze.”
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