BC-Money & Markets Digest
Money & Markets modules for Saturday, Sept. 29
THE WEEK AHEAD
PepsiCo serves up its fiscal third-quarter results Tuesday. Homebuilder Lennar reports quarterly results Wednesday. The Labor Department issues its monthly tally of hiring by nonfarm employers Friday.
Tesla shares plunged after regulators sought to oust Elon Musk as chairman and CEO of the company he founded.
Papa’s pizza pressure
Papa John’s and its founder are blaming each other for the chain’s declining sales. Competition is likely another factor eating into its slice of the pizza industry.
J.C. Penney (JCP)
Royal Bank of Scotland (RBS)
Progress Software (PRGS)
Applied Optoelectronics (AAOI)
Vail Resorts (MTN)
Gabelli Gold AAA (GOLDX)
This fund boasts an “impressive record” over the last decade, but it “carries plenty of risk,” Morningstar says. Its fees are also “simply too high,” earning it a “Neutral” rating.
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.