Money & Markets modules for Saturday, Oct. 27
THE WEEK AHEAD
Facebook reports its latest quarterly results Tuesday. Starbucks serves up its third-quarter results Thursday. The Labor Department issues its October tally of hiring by nonfarm employers Friday.
SPOTLIGHT
Mellanox shares soared to a four-month high as investors reacted to a report that the maker of high-tech gear for supercomputers and data centers could be a takeover target.
CENTERPIECE
Industrial weakness
Companies that make machinery and heavy equipment took sharp losses after reports by Caterpillar, 3M and other major companies concerned investors.
STORY STOCKS
Amazon.com (AMZN)
Alphabet (GOOGL)
Mellanox Technologies (MLNX)
Colgate-Palmolive (CL)
Western Digital (WDC)
Charter Communications (CHTR)
Deckers Outdoor (DECK)
Expedia (EXPE)
FUND FOCUS
Diamond Hill Large Cap (DHLRX)
This "Gold"-rated fund's consistent outperformance "is a byproduct of their disciplined research process that has resulted in solid stock-picking over time."
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.
