• BC-Money & Markets Digest

    Updated:

    Money & Markets modules for Wednesday, July 17

    TODAY

    Netflix and Abbott Laboratories report their quarterly earnings. The Commerce Department issues its June tally of new home construction.

    SPOTLIGHT

    Johnson & Johnson said sales fell across much of its business in the second quarter, but its profit soared thanks to a one-time gain and lower spending on marketing and administration.

    CENTERPIECE

    Chewy has bark

    Americans are expected to spend more than $75 billion on their pets, and recently listed online pet store Chewy is counting on fetching its share of the profits.

    STORY STOCKS

    JB Hunt Transport (JBHT)

    First Horizon National (FHN)

    Arrow Electronics (ARW)

    Domino’s Pizza (DPZ)

    Wintrust Financial (WTFC)

    Charles Schwab (SCHW)

    Goldman Sachs (GS)

    Blue Apron (APRN)

    FUND FOCUS

    Fidelity Advisor Dividend Growth (FADAX)

    After an initial strategy revamp in early 2018, manager Gordon Scott has since undone all those changes. Untested in its current form, the fund earns Morningstar’s “Neutral” rating.

    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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