Money and Markets Digest

| January 9, 2020 1:55 PM

Money & Markets modules for Friday Jan. 10

TODAY

The Labor Department reports monthly data on nonfarm payrolls and unemployment. The Commerce Department reports wholesale inventories for November.

SPOTLIGHT

Bed Bath & Beyond shares plunged after the Union, New Jersey-based retailer warned it no longer expects to hit an earnings target that it had told investors was on track as recently as October.

CENTERPIECE

Aircraft weigh on US factories

New factory orders fell 0.7% in the year to November, as a steep drop in orders for civilian aircraft and parts like Boeing's troubled 737 Max weighs on the U.S. industrial sector.

STORY STOCKS

Costco (COST)

Kohl's (KSS)

Helen of Troy (HELE)

Simply Good Foods (SMPL)

Amicus Therapeutics (FOLD)

Bed Bath & Beyond (BBBY)

Chico's FAS (CHS)

Acuity Brands (AYI)

FUND FOCUS

PRIMECAP Odyssey Growth (POGRX)

This fund “requires an appetite for risk,” Morningstar says, but its “fundamentals-based multimanager approach richly rewards long-term investors.”

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.