BC-Money & Markets Digest
Money & Markets modules for Tuesday, Feb. 12
The Labor Department issues its monthly survey of job openings. Beer maker Molson Coors Brewing and video game developer Activision Blizzard report quarterly results.
Chipotle shares got a lift after the food chain said it is teaming up with an Oscar-winning documentarian for a series of ads to tout its fresh ingredients.
Betting on bank mergers
Shares of the major regional banks got a boost this month after SunTrust and BB&T announced a plan to merge, sparking speculation that other banks may merge as well.
Restaurant Brands International (QSR)
Norfolk Southern (NSC)
United States Steel (X)
Goodyear Tire & Rubber (GT)
Activision Blizzard (ATVI)
Columbia Total Return Bond (SRBFX)
This fund’s relatively new lead manager “has made notable adjustments to its portfolio,” Morningstar says. It keeps a “Neutral” rating amid questions on how the fund’s strategy will evolve.
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