AP NEWS
Related topics

BC-Money & Markets Digest

January 7, 2019

Money & Markets modules for Tuesday, Jan. 8

TODAY

The Federal Reserve will release its consumer credit data for November. The Labor Department delivers its November job openings report. The CES 2019 gadget show opens in Las Vegas.

SPOTLIGHT

Eli Lilly shares rose after the drugmaker said it plans to buy Loxo Oncology, adding to its arsenal of cancer treatments.

CENTERPIECE

The pharmaceutical industry rang in the new year with Bristol-Myers Squibb’s $74 billion offer for Celgene, one of the biggest deals in the last 10 years. It could signal a pickup in M&A activity in 2019.

STORY STOCKS

Loxo Oncology (LOXO)

PG&E (PCG)

Dollar Tree (DLTR)

General Electric (GE)

Intercontinental Exchange (ICE)

Schlumberger (SLB)

NuVasive (NUVA)

Lowe’s (LOW)

FUND FOCUS

DFA Real Estate Securities (DFREX)

Morningstar calls this “Silver”-rated fund “one of the lowest-cost options” in the real estate category.

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.

AP RADIO
Update hourly