BC-APFN-US--Money & Markets Digest
Jul. 03, 2014
Money & Markets modules for Friday, July 4
All graphics are sent by 6 p.m. EDT
THE WEEK AHEAD
Earnings season: The traditional start of earnings season arrives when Alcoa reports its latest quarterly results after the market close on Tuesday.
Pharmacy sales up in June
Walgreen and Rite Aid said Thursday that pharmacy revenue from their established stores climbed significantly last month.
M&A on the rise
Deal activity has accelerated this year. The value of U.S. mergers and acquisitions rose to $694.6 billion in the first half of 2014, a 98.3 percent increase over last year. The January-through-June period was also the most active half year for U.S. M&A activity since the beginning of 2007.
NQ Mobile (NQ)
Rite Aid (RAD)
Cliffs Natural Res. (CLF)
Sun Bancorp (SNBC)
Spectrum Pharma. (SPPI)
Iridium Comm. (IRDM)
Fidelity Growth Company (FDGRX)
Fidelity Growth Company's returns place it in the top 10 percent of the large-cap growth fund category on a five-, 10-, and 15-year basis.
MONEY & MARKETS EXTRA
For the week ending Saturday, July 5, 2014
Top of the charts
A rising stock market tide helped lift these five mutual funds to the biggest returns in the second quarter. They had the highest returns of the 1,239 U.S. large-cap stock funds that Morningstar tracks.
If it feels like every day a new company is listing its stock for the first time, that's because it's close to the truth; analysts say the risk of a price spike for crude oil is higher now than at any point since the start of the financial crisis
Dollars follow eyeballs
George Strompolos, founder and CEO of Fullscreen, offers insight on the developing world of online video.
If you invested $1,000 at the start of this year, how much would you have now? An answer to that question for various types of stocks, bonds and commodities.
For questions about Money & Markets content, please contact Trevor Delaney (800-845-8450, ext. 1807). For technical support: contact Todd Balog (816-654-1096). After 6 p.m., contact the AP Business News desk (800-845-8450, ext. 1680) for content questions; 1-800-3AP-STOX for technical support and 212-621-1905 for graphics help. The Money & Markets digest can also be found at www.markets.ap.org .
# # #