|Last Price$56.96||Day Change (%)0.30%|
|Open Price$56.96||Day Change ($)0.17|
|Day Range56.82–57.03||52-Week Range52.40–65.99|
As of Mon 07/14/2014 08:37 AM EST | USD
Joe Gibbs Racing and Dollar General Announce Expanded Partnership
As credit spreads have tightened on a nearly continuous trend over the past year, they are becoming richly valued relative to their historical average.
UPDATE: U.S. stocks edge lower; Nike up on earnings
MARKET SNAPSHOT: U.S. Stocks Edge Lower; Nike Up On Earnings
UPDATE: DuPont falls on outlook; Michaels debuts in market
UPDATE: DuPont falls on outlook; Michaels debuts
UPDATE: U.S. stocks rally into close; end week lower
Slower long-term growth in China is probably an economic reality.
Amid the current challenging environment for defensive names, we see several opportunities for long-term investment in wide-moat companies at reasonable discounts.
Widening investment-grade credit spreads and rising interest rates lead to losses.