BC-US--Money & Markets Digest, US
Money & Markets modules for Wednesday, Sept. 17
All graphics are sent by 6 p.m. EDT
All eyes will be on the Federal Reserve today for any update on the central bank's interest-rate strategy. The Fed is expected to give an update following the conclusion of the latest two-day meeting of its policymaking committee
Playing catch up
United Continental has been cruising at a lower altitude than its rivals. Inconsistent performance means the carrier has lagged behind competitors this year, but several analysts are forecasting improved performance.
Built to endure?
Home Depot has built a foundation on the rebounding housing market. But since the home-improvement giant this month revealed that data at its U.S. and Canadian stores had been hacked, there have been concerns among investors that customers will hit the bricks. While the scope of the theft is not yet known, there's speculation that it could be the biggest yet. Still, some analysts are betting that Home Depot will weather the storm, and continue benefiting from rising home prices, steady job growth and fewer troubled loans dating back to the housing-bubble days.
Glimcher Realty Trust (GRT)
Bill Barrett (BBG)
Atlantic Power (AT)
Lehigh Gas Partners (LGP)
Abraxas Petroleum (AXAS)
Sears Holdings (SHLD)
SinoCoking Coal and Coke Chemical Industries Inc. (SCOK)
Fidelity Freedom 2020 (FFFDX)
Fidelity Freedom 2020 is part of a target-date series that now allows its managers to make short-term deviations from a pre-set allocation glide path.
For questions about Money & Markets content, please contact Trevor Delaney (800-845-8450, ext. 1807). 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 .
# # #