BC-APFN-Money & Markets Digest
Money & Markets modules for Tuesday, May 15
The National Association of Home Builders and Wells Fargo release their monthly index of U.S. homebuilder sentiment. Home Depot reports quarterly results. The Commerce Department issues its latest snapshot of U.S. business inventories.
Shares of casino and racetrack operators climbed after the Supreme Court struck down a federal law that bars gambling on football, basketball and other sports in most states.
Ransomware: ‘first among equals’ in cyber-threats
Among cyber-threats, ransomware attacks are growing in frequency and getting more sophisticated. Ransomware detections by businesses rose 28 percent during the first quarter of 2018 compared to the previous three months.
Acacia Communications (ACIA)
NXP Semiconductors (NXPI)
MGM Resorts (MGM)
Brinker International (EAT)
Vanguard Dividend Appreciation Index (VDAIX)
Morningstar calls this an “excellent” fund offering “a diversified portfolio of highly profitable U.S. dividend-paying stocks,” which reduces exposure to companies with weak fundamentals.
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.