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BC-APFN-Money & Markets Digest

Money & Markets modules for Tuesday, Oct. 30TODAYCoca-Cola and Facebook report their third-quarter results. The Conference Board releases its consumer confidence reading for October.SPOTLIGHTRed Hat shares surged nearly 50 percent after IBM's offer to buy the open source software company for $34 billion in stock sparked investor speculation of a possible bidding war.CENTERPIECEUnwrapping retailers' holiday plansThe nation's largest retailers are gearing up for the holiday shopping season by

AP Reported by: AP Published on: October 29, 2018 22:15 IST
BC-APFN-Money & Markets Digest
Image Source : AP BC-APFN-Money & Markets Digest

Money & Markets modules for Tuesday, Oct. 30

TODAY

Coca-Cola and Facebook report their third-quarter results. The Conference Board releases its consumer confidence reading for October.

SPOTLIGHT

Red Hat shares surged nearly 50 percent after IBM's offer to buy the open source software company for $34 billion in stock sparked investor speculation of a possible bidding war.

CENTERPIECE

Unwrapping retailers' holiday plans

The nation's largest retailers are gearing up for the holiday shopping season by expanding their shipping options to take on Amazon.com.

STORY STOCKS

Red Hat (RHT)

General Motors (GM)

Anadarko Petroleum (APC)

Denbury Resources (DNR)

First Data (FDC)

Tower Semiconductor (TSEM)

U.S. Bancorp (USB)

Eni SpA (E)

FUND FOCUS

T. Rowe Price Communication & Technology (PRMTX)

A strong team, "distinctive approach" and "impressive track record" earn this fund a "Silver" analyst rating from Morningstar.

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.

Disclaimer: This is unedited, unformatted feed from the Associated Press (AP) wire.
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