Bank earnings season is here. This popular value fund just bought Kroger and a regional lender.

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Bank earnings are here. Why one value fund is snapping up a lender whose shares have been battered this year.

Results will be parsed not just on whether the U.S. economy is about to head into a recession — the latest data hasn’t been great — but also how well banks have done in retaining deposits that otherwise are flowing into money-market funds, and how far the bonds they have bought have dropped in value as interest rates have climbed.Results will be parsed not just on whether the U.S.

“We believe the company’s reputation, relationships and liquidity profile will allow it to weather this storm without material negative impact,” he says. Try your hand at the Barron’s crossword puzzle and sudoku games, now running daily along with a weekly digital jigsaw based on the week’s cover story. To see all puzzles, click here.

Boeing BA shares slumped 5% as the company halted deliveries of its 737 MAX jet. Shares of Spirit AeroSystems SPR , which makes the Max fuselage, tumbled 12%.

 

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