BC-APFN-Money & Markets Digest
Money & Markets modules for Saturday, Oct. 13
THE WEEK AHEAD
Netflix reports its third-quarter results Tuesday. The Federal Reserve issues the minutes from its most recent meeting of policymakers Wednesday. The National Association of Realtors serves up its latest monthly tally of sales of previously occupied homes on Friday.
Citigroup’s profit vaulted 12 percent in the third quarter as the banking conglomerate slashed expenses and benefited from lower taxes.
Railroad profits on track
Major freight railroads will almost certainly be asked this month about how recent developments in international trade will affect their businesses.
Kraft Heinz (KHC)
General Electric (GE)
Royal Gold (RGLD)
Wabash National (WNC)
Fidelity Emerging Asia (FSEAX)
Morningstar upgraded this fund’s rating to “Bronze,” saying its manager “has the skill to succeed” and that his stock-picking strategy has “real merit.”
For questions about Money & Markets modules, please contact Seth Sutel (212-621-1618). 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.