BC-APFN-Money & Markets Digest
Money & Markets modules for Saturday, Dec. 29
THE WEEK AHEAD
The Energy Department reports its latest tally of U.S. crude oil stockpiles Wednesday. The Labor Department issues its weekly figures on applications for unemployment aid Thursday and its snapshot of hiring in December by U.S. employers Friday.
Tesla stock rose after it named Oracle’s Larry Ellison and an executive from Walgreens to its board as part of a settlement with U.S. regulators who demanded more oversight of CEO Elon Musk.
Epic wildfires have raged in California this year, and a U.N. report on global warming issued a life-or-death warning. In the corporate world, that’s led to an increasing number of shareholder proposals related to climate change.
Cabot Oil (COG)
Philip Morris (PM)
Lockheed Martin (LMT)
Wells Fargo (WFC)
John Hancock Balanced (SVBAX)
Higher confidence in this fund’s “very experienced trio of comanagers” warranted an upgrade in Morningstar’s analyst rating to “Bronze.”
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