Money & Markets modules for Saturday, September 21
THE WEEK AHEAD
The Commerce Department serves up its August snapshot of new U.S. home sales Wednesday and its latest monthly tally of consumer spending Friday. Connected exercise machine company Peloton makes its stock market debut Thursday.
Scholastic Corp. shares jumped after the company reported a narrower-than-expected loss during a typically weak quarter for the publisher and education company.
Once-skyrocketing startup WeWork is suddenly losing momentum as investors cast doubt on its office rental business just before its planned debut on the public markets.
McDermott International (MDR)
J.C. Penney (JCP)
Regeneron Pharmaceuticals (REGN)
The Royal Bank of Scotland (RBS)
Vanguard GNMA (VFIIX)
The recently announced retirement plans of longtime portfolio manager Michael Garrett don’t alter Morningstar’s high regard for this “Gold”-rated fund.
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