BUSINESS

BC-US--Money & Markets Digest, US

Staff Writer
Columbus CEO

Money & Markets modules for Thursday, April 14

TODAY

Delta Air Lines and Wells Fargo report first-quarter earnings, and the Labor Department issues its consumer price index for March.

COMPANY SPOTLIGHT

Verizon workers strike

About 39,000 Verizon landline and cable workers on the East Coast walked off the job Wednesday amid a contract dispute.

CENTERPIECE

Apartment market cools

Until recently, the apartment market looked scorching hot, with builders breaking ground on high-end rentals and rents rising faster than incomes. But all that construction has flooded major cities with new apartments, tamping down price growth.

STORY STOCKS

JPMorgan Chase (JPM)

McCormick (MKC)

Delphi Automotive (DLPH)

Verizon (VZ)

Clorox (CLX)

CSX (CSX)

Titan Machinery (TITN)

Medivation (MDVN)

FUND FOCUS

Western Asset High Yield (WAHYX)

This fund has a deep and experienced management team, but Morningstar recently cut its analyst rating to "Neutral" after the fund's returns suffered from some higher-risk investments.

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