BC-Money & Markets Digest
Money & Markets modules for Saturday, March 23
THE WEEK AHEAD
The Conference Board issues its monthly index of U.S. consumer confidence Tuesday. The Commerce Department delivers its final estimate of fourth-quarter economic growth Thursday. Ride-hailing company Lyft makes its stock market debut Friday.
Tiffany & Co. posted mixed results for the holiday season, with profit meeting estimates but revenue falling short because of low spending by Chinese tourists.
What’s left to squeeze?
Companies are wringing ever-more profit from every sale, setting a record high last year. How much more can they squeeze?
Hibbett Sports (HIBB)
Denbury Resources (DNR)
Greenbrier Companies (GBX)
JPMorgan US Equity (JUEAX)
Morningstar calls this fund a “sound core holding” that ranks in the category’s top quartile over the trailing 10 years through last December.
For questions about Money & Markets modules, please contact Greg Keller (212-621-7958). 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.