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BC-Money & Markets Digest

May 20, 2019

Money & Markets modules for Tuesday, May 21

TODAY

The National Association of Realtors issues its latest home sales data. Home Depot and Nordstrom report quarterly results.

SPOTLIGHT

Sprint stock jumped after a top regulatory official gave his backing to T-Mobile’s $26.5 billion takeover of the wireless operator.

CENTERPIECE

Proxy proposals

Climate change and social issues are some of the subjects of proposals that shareholders have gotten on the agenda for this year’s round of corporate annual meetings.

STORY STOCKS

Alphabet (GOOGL)

Sprint (S)

The Medicines Co. (MDCO)

Qualcomm (QCOM)

Dish Network (DISH)

Apple (AAPL)

Lumentum (LITE)

Qiagen (QGEN)

FUND FOCUS

AB Small Cap Growth (QUASX)

Morningstar raised its rating on this fund to “Bronze,” citing higher confidence in its management team and a smooth transition after the retirement of its lead manager.

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