BC-Money & Markets Digest
Money & Markets modules for Tuesday, April 2
The Commerce Department issues data on orders for U.S. durable goods in February. Walgreens Boots Alliance and GameStop report quarterly results.
Kellogg agreed to sell its iconic Keebler cookie brand to Italy’s Ferrero, which makes Nutella, for $1.3 billion.
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.
Wynn Resorts (WYNN)
JPMorgan Chase (JPM)
Cal-Maine Foods (CALM)
John Hancock Income (JHFIX)
Despite some struggles in recent years, Morningstar still rates this fund “Silver,” citing an experienced team and attractive pricing.
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.