BC-US--Money & Markets Digest, US

Staff Writer
Columbus CEO

Money & Markets modules for Friday, April 15

TODAY

Citigroup reports first-quarter earnings, and the Federal Reserve publishes its industrial production data for March. The University of Michigan issues its latest consumer sentiment index.

COMPANY SPOTLIGHT

Wells Fargo struggles with oil impact

Wells Fargo's first quarter results fell 6 percent, as the bank set aside more money to cover its struggling portfolio of oil and gas loans.

CENTERPIECE

Amazon 'Kindles' its e-commerce

E-readers like Amazon's Kindle may not be as hot as they once were, but the company continues to update them because it sees them as a gateway drug to pull people into its e-commerce ecosystem.

STORY STOCKS

Bank of America (BAC)

First Republic (FRC)

Delta Air Lines (DAL)

Seagate Technology (STX)

Progressive (PGR)

Newmont Mining (NEM)

Amazon (AMZN)

Michael Kors (KORS)

FUND FOCUS

Vanguard Mid-Cap Growth Fund (VMGRX)

Although Vanguard is famous for its index funds, the fund employs stock pickers looking to beat the index. Morningstar says it's the cheapest actively managed fund in its class.

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