Money & Markets modules for Thursday, Oct. 18
TODAY
American Express and Philip Morris International report quarterly results. The Conference Board issues its monthly index of economic leading indicators.
SPOTLIGHT
IBM shares plunged after the company reported a drop in its quarterly revenue, renewing fears about its ability to adapt.
CENTERPIECE
Cost of living benefit increases
The government recently made an announcement of interest to millions of Americans: Social Security benefits will rise 2.8 percent next year.
STORY STOCKS
PulteGroup (PHM)
Netflix (NFLX)
IBM (IBM)
United Continental (UAL)
Fiat Chrysler (FCAU)
Exxon Mobil (XOM)
Endo International (ENDP)
Intercontinental Exchange (ICE)
FUND FOCUS
T. Rowe Price Dividend Growth (PRDGX)
This dividend-oriented fund "rarely thrills," Morningstar says, but "its advantages add up over time," earning it an analyst rating of "Silver."
For questions about Money & Markets modules, please contact Seth Sutel (212-621-1618). For technical support: contact Todd Balog (816-654-1096). After 6 p.m., contact the AP Business News desk (800-845-8450, ext. 1680) for content questions; 1-800-3AP-STOX for technical support and 212-621-1905 for graphics help. The Money &Markets digest can also be found at www.markets.ap.org.
Disclaimer: This is unedited, unformatted feed from the Associated Press (AP) wire.
