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BC-APFN-Money & Markets Digest

Money & Markets modules for Thursday, Oct. 25TODAYThe Commerce Department issues data on U.S. wholesalers' stockpiles in September. Amazon.com and Southwest Airlines report quarterly results.SPOTLIGHTUPS skidded to a three-month low after the package deliverer reported weak international revenue.CENTERPIECEAuto sales sputterWhile U.S. auto sales started off strong this year, they sputtered in the third quarter, and some analysts predict a full-year decline for the second straight year.STORY

Reported by: AP Published on: October 24, 2018 22:15 IST
BC-APFN-Money & Markets Digest
Image Source : AP BC-APFN-Money & Markets Digest

Money & Markets modules for Thursday, Oct. 25

TODAY

The Commerce Department issues data on U.S. wholesalers' stockpiles in September. Amazon.com and Southwest Airlines report quarterly results.

SPOTLIGHT

UPS skidded to a three-month low after the package deliverer reported weak international revenue.

CENTERPIECE

Auto sales sputter

While U.S. auto sales started off strong this year, they sputtered in the third quarter, and some analysts predict a full-year decline for the second straight year.

STORY STOCKS

Boeing (BA)

Texas Instruments (TXN)

Deutsche Bank (DB)

United Parcel Service (UPS)

Edwards Lifesciences (EW)

Boston Scientific (BSX)

iRobot (IRBT)

Thermo Fisher Scientific (TMO)

FUND FOCUS

Transamerica Bond (IDITX)

This fund's "fairly conventional" strategy and higher volatility than peers warrant a "Neutral" rating, Morningstar says.

For questions about Money & Markets modules, please contact Greg Keller (212-621-7958). 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.
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