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BC-Money & Markets Digest

April 1, 2019

Money & Markets modules for Tuesday, April 2

TODAY

The Commerce Department issues data on orders for U.S. durable goods in February. Walgreens Boots Alliance and GameStop report quarterly results.

SPOTLIGHT

Kellogg agreed to sell its iconic Keebler cookie brand to Italy’s Ferrero, which makes Nutella, for $1.3 billion.

CENTERPIECE

Video game disruption

Apple and Google are making a speedrun into the subscription video game industry. And why not? Gaming is a growing sector, even if expensive Xbox and PlayStation consoles and physical game discs aren’t faring so well.

STORY STOCKS

Kellogg (K)

Wynn Resorts (WYNN)

ComScore (SCOR)

JPMorgan Chase (JPM)

BorgWarner (BWA)

Coty (COTY)

Cal-Maine Foods (CALM)

Lyft (LYFT)

FUND FOCUS

John Hancock Income (JHFIX)

Despite some struggles in recent years, Morningstar still rates this fund “Silver,” citing an experienced team and attractive pricing.

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