• BC-Money & Markets Digest

    Updated:

    Money & Markets modules for Tuesday, July 23

    TODAY

    Coca-Cola and iRobot report second quarter results. The National Association of Realtors releases data on home sales in July.

    SPOTLIGHT

    Cal-Maine Foods, the country's biggest producer of eggs, said plunging prices tipped the company into a steep loss in the last quarter.

    CENTERPIECE

    Smoother sailing for Gilead?

    Biotech drug developer Gilead has seen its sales, profit and share price all plunge since 2015, but RBC Capital Markets analyst Dr. Brian Abrahams thinks its problems are past it, making it a bargain among drugmakers.

    STORY STOCKS

    Halliburton (HAL)

    Circor International (CIR)

    DaVita (DVA)

    Vanda Pharmaceuticals (VNDA)

    Cal-Maine Foods (CALM)

    PetMed Express (PETS)

    Lennox International (LII)

    Cadence Bancorp. (CADE)

    FUND FOCUS

    Franklin Mutual Financial Services (TFSIX)

    A new assistant portfolio manager has beefed up the team at this fund, which keeps its Morningstar analyst rating of "Bronze."

    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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