• BC-Money & Markets Digest

    Updated:

    Money & Markets modules for Friday, September 13

    TODAY

    The Commerce Department serves up its August tally of retail sales and its monthly snapshot of business inventories. The University of Michigan issues its consumer sentiment index.

    SPOTLIGHT

    Shares in Mastercraft Boat plunged by the most in over three years after the Tennessee-based company warned of falling profit and sales in next fiscal year.

    CENTERPIECE

    Huawei still rules

    U.S. sanctions imposed on Huawei in May to weaken the Chinese telecommunications giant have so far had limited impact on sales of its telecom equipment.

    STORY STOCKS

    Oracle (ORCL)

    Tailored Brands (TLRD)

    Yelp (YELP)

    DXC Technology (DXC)

    LKQ (LKQ)

    Kroger (KR)

    Varian Medical Systems (VAR)

    Halliburton (HAL)

    FUND FOCUS

    JPMorgan Investor Balanced (OGIAX)

    This fund “doesn’t stand out,” Morningstar says. It suffers from a “middling” long-term performance and its team lacks “a particular edge.”

    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.

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