BC-Money & Markets Digest
Money & Markets modules for Wednesday, May 15
The Federal Reserve issues its April snapshot of industrial production, Cisco reports its quarterly results and the National Association of Home Builders/Wells Fargo Housing Market Index for May is due out.
Walt Disney stock jumped after it cut a deal with Comcast to take full control of streaming video service Hulu.
Rising red ink
When President Trump released his budget plan in March, the deficit figures were startling. But when the Congressional Budget Office released its own analysis of the president’s budget on May 9, it showed an even bleaker deficit picture.
Walt Disney (DIS)
Take-Two Interactive (TTWO)
Tencent Music Entertainment (TME)
Ralph Lauren (RL)
G-III Apparel (GIII)
Western Digital (WDC)
Marathon Oil (MRO)
AB Global Bond (ANAGX)
This fund’s “deep, tenured team” has delivered over the long term, Morningstar says. It earns an Analyst Rating of “Bronze.”
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.