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BC-Money & Markets Digest

Money & Markets modules for Saturday, Nov. 17THE WEEK AHEADThe National Association of Home Builders issues its November builder sentiment index Monday. Best Buy serves up its third-quarter results Tuesday. The Commerce Department reports its October tally of durable goods orders Wednesday.SPOTLIGHTWilliams-Sonoma shares fell to a six-month low after the upscale kitchenware retailer said its third-quarter sales suffered from disruption tied to new U.S. tariffs on Chinese imports.CENTERPIECEA

Reported by: AP Published on: November 16, 2018 22:45 IST
BC-Money & Markets Digest
Image Source : AP BC-Money & Markets Digest

Money & Markets modules for Saturday, Nov. 17

THE WEEK AHEAD

The National Association of Home Builders issues its November builder sentiment index Monday. Best Buy serves up its third-quarter results Tuesday. The Commerce Department reports its October tally of durable goods orders Wednesday.

SPOTLIGHT

Williams-Sonoma shares fell to a six-month low after the upscale kitchenware retailer said its third-quarter sales suffered from disruption tied to new U.S. tariffs on Chinese imports.

CENTERPIECE

A tale of two stores

Heading into the holidays, Macy's and J.C. Penney face far different fortunes: Macy's says innovation is driving faster profit growth, while J.C. Penney is still trying to figure out its identity.

STORY STOCKS

Nvidia (NVDA)

Applied Materials (AMAT)

Nordstrom (JWN)

PG&E (PCG)

Williams-Sonoma (WSM)

Intel (INTC)

Shoe Carnival (SCVL)

Sprint (S)

FUND FOCUS

T. Rowe Price Equity Income (PRFDX)

Morningstar says this "Silver"-rated fund has adjusted well to a manager change and has stayed true to its mission of finding undervalued dividend-payers.

For questions about Money & Markets modules, please contact Greg Keller (212-621-1618). 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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