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BC-Money & Markets Digest

Money & Markets modules for Saturday, Nov. 24THE WEEK AHEADThe Conference Board reports its consumer confidence index on Tuesday, the Commerce Department releases figures on third-quarter U.S. economic growth on Wednesday, and the Federal Reserve releases minutes Thursday from a two-day meeting of its policymakers last month.SPOTLIGHTIn 2018, there have been roughly 30 retailers that have filed for bankruptcy, the highest level since 2011. In response, retailers are rushing to scoop up any

Reported by: AP [ Published on: November 23, 2018 23:30 IST ]
Image Source : AP BC-Money & Markets Digest

Money & Markets modules for Saturday, Nov. 24

THE WEEK AHEAD

The Conference Board reports its consumer confidence index on Tuesday, the Commerce Department releases figures on third-quarter U.S. economic growth on Wednesday, and the Federal Reserve releases minutes Thursday from a two-day meeting of its policymakers last month.

SPOTLIGHT

In 2018, there have been roughly 30 retailers that have filed for bankruptcy, the highest level since 2011. In response, retailers are rushing to scoop up any market share left behind.

CENTERPIECE

Europe's cloudy outlook

Risks have risen for the European economy. A disorderly Brexit that hurts trade, free-spending populists in Italy who could blow up their debt market, and a U.S.-China trade war: any one of them could deal the region a major setback.

STORY STOCKS

Rockwell Collins (COL)

Tesla (TSLA)

Concho Resources (CXO)

Overstock.com (OSTK)

Campbell Soup (CPB)

L Brands (LB)

Ziopharm Oncology (ZIOP)

American Airlines Group (AAL)

FUND FOCUS

Gabelli Equity Income AAA (GABEX)

Concerns over succession, high fees and shareholder-unfriendly tactics earn this fund a "Neutral" rating from Morningstar.

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

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