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BC-Money & Markets Digest

September 28, 2018

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.

SPOTLIGHT

Tesla shares plunged after regulators sought to oust Elon Musk as chairman and CEO of the company he founded.

CENTERPIECE

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.

STORY STOCKS

Tesla (TSLA)

J.C. Penney (JCP)

Royal Bank of Scotland (RBS)

BlackBerry (BB)

Progress Software (PRGS)

CalAmp (CAMP)

Applied Optoelectronics (AAOI)

Vail Resorts (MTN)

FUND FOCUS

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.

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