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BC-US--Money & Markets Digest, US

BC-US--Money & Markets Digest, US

Money & Markets modules for Tuesday, March 28

TODAY

The Conference Board delivers its latest monthly snapshot of consumer confidence. Standard & Poor's CoreLogic Case-Shiller home price index for January is due out today. The Commerce Department releases its February tally of wholesale inventories.

COMPANY SPOTLIGHT

Generic drugmaker Impax Laboratories soars as investors applaud its choice for a new CEO.

CENTERPIECE

Sticker shock from Brexit

Britain's vote to leave the European Union last June had one substantive market impact: a 20 percent fall in the value of the pound. And that is making life more expensive for the British.

STORY STOCKS

G-III Apparel Group (GIII)

Impax Laboratories (IPXL)

Weatherford International (WFT)

M&T Bank (MTB)

Envision Healthcare (EVHC)

DuPont (DD)

Welltower (HCN)

Newmont Mining (NEM)

FUND FOCUS

Hartford Midcap (HFMCX)

This fund has a number of things going for it, including a stable team and strong analytical resources, but issues including a large portfolio size "bear watching," Morningstar says.

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.


Updated : 2021-10-17 14:08 GMT+08:00