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BC-APFN-Money & Markets Digest

Money & Markets modules for Thursday, Dec. 13TODAYThe Labor Department issues its latest weekly tally of claims for unemployment benefits. Costco and Adobe report quarterly results.SPOTLIGHTVerizon Communication shares fell after it said it would take a $4.6B charge for Oath, its media business created from AOL and Yahoo.CENTERPIECESlower growth aheadThe Atlanta Fed's GDPNow, one of the most-watched trackers of U.S. economic growth, is signaling a slowdown for the final three months of

AP Reported by: AP Published on: December 12, 2018 23:00 IST
BC-APFN-Money & Markets Digest
Image Source : AP BC-APFN-Money & Markets Digest

Money & Markets modules for Thursday, Dec. 13

TODAY

The Labor Department issues its latest weekly tally of claims for unemployment benefits. Costco and Adobe report quarterly results.

SPOTLIGHT

Verizon Communication shares fell after it said it would take a $4.6B charge for Oath, its media business created from AOL and Yahoo.

CENTERPIECE

Slower growth ahead

The Atlanta Fed's GDPNow, one of the most-watched trackers of U.S. economic growth, is signaling a slowdown for the final three months of 2018.

STORY STOCKS

Deutsche Bank (DB)

Verizon Communications (VZ)

United Rentals (URI)

Dave & Buster's Entertainment (PLAY)

Twitter (TWTR)

Under Armour (UAA)

WEC Energy (WEC)

Occidental Petroleum (OXY)

FUND FOCUS

DWS RREEF Real Estate Securities (RRRAX)

This fund boasts "a solid process, strong returns, and very competitive fees," Morningstar says, warranting an upgrade in its Analyst Rating to "Bronze."

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