BC-Money & Markets Digest
Money & Markets modules for Saturday, March 2
THE WEEK AHEAD
The Commerce Department issues its December tally of new-home sales Tuesday. Kroger serves up its fiscal fourth-quarter results Thursday. The Labor Department reports its latest monthly tally of hiring by nonfarm employers Friday.
Gap shares soared after the San Francisco-based clothing retailer announced plans to shut 230 stores and split off its Old Navy brand into a separately traded company.
The retail sector has had among the highest default rates across U.S. industries the last three years, but things might be improving.
Foot Locker (FL)
Dentsply Sirona (XRAY)
Caesars Entertainment (CZR)
Royce Opportunity Invmt. (RYPNX)
New manager Bill Hench has shored up the team with two assistant comanagers, and the fund keeps its “Bronze” rating, Morningstar says.
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