BC-Money & Markets Digest
Money & Markets modules for Wednesday, Oct. 9
The Labor Department releases its producer price index for September, Fastenal reports quarterly earnings, and the Commerce Department reports on wholesale inventories for August.
PPG shares sank after the paints and coatings maker warned that weaker demand and higher costs will weigh on its third-quarter results.
Rising housing costs bode well for apartment REITs
It’s a tough time for renters trying to make the leap to homeownership, and that bodes well for landlords.
PPG Industries (PPG)
Papa John’s (PZZA)
Helen of Troy (HELE)
Baron Asset (BARAX)
Morningstar calls this fund “a serviceable mid-cap option” that deserves its “Bronze” rating. Manager Andrew Peck applies a “patient, long-term approach.”
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