BC-Money & Markets Digest
Money & Markets modules for Wednesday, Sept. 12
The Federal Reserve releases its latest regional survey of business conditions. The Labor Department reports its monthly snapshot of prices that producers receive for their goods and services. Suit seller Tailored Brands delivers its quarterly results.
Sonos shares slumped Tuesday after the wireless speaker company served up its first quarterly results as a publicly traded company.
China’s Africa ambitions
China is promoting trade with Africa that might help offset some losses in its worsening tariff battle with Washington. But African leaders fret about swollen trade deficits with China.
Integrated Device Technology (IDTI)
Yum China (YUMC)
Casey’s General Stores (CASY)
Home Depot (HD)
General Mills (GIS)
Johnson Controls (JCI)
Hartford Floating Rate (HFLIX)
This fund’s “solid team” and “relatively attractive” price tag don’t make up for a strategy that “lacks and identifiable edge over peers,” says Morningstar.
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.