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BC-US--Money & Markets Digest, US

BC-US--Money & Markets Digest, US

Money & Markets modules for Friday, March 10

TODAY

The Labor Department reports nonfarm payrolls for February, and the Treasury Department issues its monthly report on the government budget balance. Baker Hughes gives its weekly tally of oil and gas rigs.

COMPANY SPOTLIGHT

AIG chief executive Peter Hancock is resigning three weeks after reporting titanic losses and less than three years after he was tapped to turn things around at one of the world's largest insurers.

CENTERPIECE

Bull market birthday

The bull market turns eight years old on Thursday, making it the second longest run in history. Some investors are wondering how long this bull will last.

STORY STOCKS

Halliburton (HAL)

Sears (SHLD)

PPG Industries (PPG)

Staples (SPLS)

Tailored Brands (TLRD)

Marathon Oil (MRO)

American International Group (AIG)

Cincinnati Financial (CINF)

FUND FOCUS

Schwab Fundamental US Large Co. (SFLNX)

This fund only earns a "Bronze rating" from Morningstar, which says that despite "a solid value strategy," its expense ratio is higher than some peers.

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.


Updated : 2021-07-27 16:27 GMT+08:00