BC-US--Money & Markets Digest,1st Ld-Writethru, US
Replaces Fund Focus
Money & Markets modules for Wednesday, Nov. 13
All graphics are sent by 6 p.m. EDT
Wall Street anticipates that Cisco Systems' earnings and revenue improved in its latest quarter. The technology company is due to report fiscal first-quarter earnings today.
DR Horton profit rises
D.R. Horton reported Tuesday that its fiscal fourth-quarter profit rose 39 percent. The bulk of the profit increase stemmed from a 40 percent jump in revenue from home sales to $1.8 billion.
Ready for a parade?
Macy's stock has outperformed the Standard & Poor's 500 index for four consecutive years since the market hit bottom in 2009. Although it's up roughly 20 percent this year, it trails the broader market. As Macy's releases its latest quarterly results Wednesday, should investors expect its solid performance to continue?
Dean Foods (DF)
Western Refining (WNR)
DR Horton (DHI)
Fidelity Contrafund (FCNTX)
One of the largest actively managed stock mutual funds in the country, it was grown to roughly $106 billion in assets, largely due to the strong market this year.
QUESTION OF THE DAY
Which type of retail stocks do you think will do best in 2014?
a) Department stores
b) Dollar stores
c) Specialty retailers
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