BC-APFN-US--Money & Markets Digest

Staff Writer
Columbus CEO

Money & Markets modules for Wednesday, Feb. 18


Fed watch: Minutes from the Federal Reserve's most recent meeting could offer new insight on Fed officials' policy discussions.


Transocean shares fall on CEO departure

Transocean shares fall after the oil drilling rig company said that its CEO is leaving and that the company is slashing its dividend.


Actively growing

Investors haven't completely given up on actively managed funds. This screen shows the five actively managed funds that attracted the most money last month, according to Morningstar.



Transocean Ltd. (RIG)

The oil drilling rig operator said CEO Steven Newman resigned effective Monday. Transocean will also slash its dividend by 80 percent.

Restaurant Brands International Inc. (QSR)

The fast-food restaurant operator created by the merger of Tim Hortons and Burger King reported strong quarterly sales.

Vipshop Holdings Ltd. (VIPS)

The China-based online discount retailer reported mixed fourth-quarter financial results and gave a positive revenue outlook.

National Bank of Greece (NBG)

Shares of the bank fell as Greece and its European creditors continue to negotiate changes to the country's financial bailout deal.


The Goodyear Tire & Rubber Co. (GT)

The tire company reported a sharp jump in fourth-quarter profit, beating Wall Street expectations.

Celsus Therapeutics Plc (CLTX)

The biotechnology company said its potential treatment for the skin disorder atopic dermatitis failed to meet a key study goal.

Vasco Data Security International Inc. (VDSI)

The internet security company reported better-than-expected fourth-quarter financial results and an encouraging fiscal outlook.

Kandi Technologies Group Inc. (KNDI)

The Securities and Exchange Commission concluded its investigation of the vehicle maker with no intended further actions.


T. Rowe Price New America Growth (PRWAX)

T. Rowe Price New America Growth's manager is approaching his second anniversary, and his strong start has helped the fund earn Morningstar's bronze analyst rating.

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 .

# # #