BC-US--Money & Markets Digest, US
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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