BUSINESS

BC-US--Money & Markets Digest, US

Staff Writer
Columbus CEO

Money & Markets modules for Friday, August 22

All graphics are sent by 6 p.m. EDT

TODAY

Financial analysts are looking for Foot Locker's latest quarterly earnings to be improved from a year ago.

COMPANY SPOTLIGHT

Sears shares slide

Shares of Sears Holdings fell sharply Thursday after the retailer reported a second-quarter loss of $573 million.

CENTERPIECE

Waiting on Yellen

The most important stage in the financial world today isn't in New York, Frankfurt or Tokyo. It's in a lodge in Grand Teton National Park, where normally people are more interested in bear sightings than bear markets. The Wyoming stage's importance has grown in recent years because Yellen's predecessor used it to telegraph big moves. A look at how the market has performed when the Fed chair has spoken at Jackson Hole.

STORY STOCKS

Hormel Foods (HRL)

Hertz Global (HTZ)

Hewlett-Packard (HPQ)

Stage Stores (SSI)

Sears Holdings (SHLD)

Auxilium Pharma. (AUXL)

America's Car-Mart (CRMT)

Bon-Ton Stores (BONT)

FUND FOCUS

American Funds Investment Co. of America A (AIVSX)

One of the managers of the American Funds Investment Company of America fund retired in April, but Morningstar says investors should stay put with the remaining team.

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MONEY & MARKETS EXTRA

For the week ending Saturday, Aug. 23, 2014

CENTERPIECE

Hedge fund favorites

What stocks rose in popularity with hedge fund managers in the second quarter? At the top of the list Allergan. A look at the top 10 stocks with the biggest increase in hedge fund popularity. UPCOMING: Graphic expected by 6 p.m.

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