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MarketWatchOct 22, 2019
Earnings Results: Texas Instruments stock drops after weak outlook, drags on chip sector after hours
Texas Instruments Inc. shares dropped in the extended session Tuesday after the chip-maker's outlook fell well beneath Wall Street estimates, and other chip-maker stocks took an after-hours hit.

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RBB Bancorp (RBB) Q3 2019 Earnings Call Transcript (The Motley Fool)
Hope Bancorp, Inc. (HOPE) Q3 2019 Earnings Call Transcript (The Motley Fool)

MarketWatchOct 22, 2019
Stocks plunged a year ago — here's what's different about the current environment
Earnings are so far better than expected, and the Fed is keeping interest rates low.

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Snap earnings show continued strong user growth, but stock slides in late trading (MarketWatch)
Market Snapshot: Stock market ends lower as new social-media bill and Brexit weigh (MarketWatch)

Forbes HeadlinesOct 22, 2019
New SoftBank Deal Lets WeWork Cofounder Adam Neumann Walk Away A Billionaire
The deal with SoftBank is a sweet one for Neumann, given the cash crunch that WeWork had been facing.

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SoftBank clinches deal to take over WeWork: sources (Reuters Business)
UPDATE 4-SoftBank clinches deal to take over WeWork -sources (Reuters Company News)

MarketWatch MarketPulseOct 22, 2019
Travelers, McDonald's stocks exact 150--point toll on Dow as broader stock market ends lower amid political clouds
U.S. stock indexes skidded lower into Tuesday's close, amid negative headlines on Brexit and reports related to President Donald Trump's impeachment inquiry. The Dow Jones Industrial Average closed nearly 40 points, or 0.2%, lower at 26,788, with a post-earnings skid for shares of Travelers Cos. Inc. , off $11.76, or 8.3%, and McDonald's Corp. , down $10.58, or 5%, combining to deliver a 151-put headwind to the blue-chip index. Meanwhile, the S&P 500 index closed down 0.4% at 2,996, slipping below a psychologically significant level at 3,000, while the Nasdaq Composite Index finished 0.7% lower at 8,104. All closing levels are on a preliminary basis. The Wall Street Journal and others reported that U.S. diplomat Kurt Volker told the Ukrainian president he needed to convince Trump he was willing to investigate corruption and alleged Ukrainian 2016 election interference against former Vice President Joe Biden and his son, said the paper, citing people familiar with the former envoy's recent testimony to Congress. The disclosures may intensify the Congressional investigation into allegations that Trump withheld federal funds in exchange for a probe into a political rival. Separately, investors focused on on Brexit after U.K. lawmakers endorsed Prime Minister Boris Johnson's plan to leave the EU but voted against a fast-track plan that would have seen the country leave the trade bloc by Oct. 31, increasing some uncertainty around Brexit.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



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13 Vulnerable Stocks to Watch If the Market Trembles (Kiplinger)
GLOBAL MARKETS-Pound, stocks slip; lawmakers reject Brexit law timetable (Reuters Company News)

Enterprise Application NewsOct 22, 2019
Facebook won't launch cryptocurrency until U.S. regulators approve
In a prepared statement to a House oversight committee, Facebook CEO Mark Zuckerberg said plans to launch a global payments system will remain on hold until U.S. regulators approve it. The comments end speculation Libra coin could go live in nations where there is no government pushback.

The statement, published today, will be part of Zuckerberg's planned testimony before the House Committee on Financial Services on Wednesday. The committee announced in August it would continue reviewing Libra and hear testimony not only from Zuckerberg but also government officials and regulators.

To read this article in full, please click here



Reuters BusinessOct 22, 2019
Pound, stocks slip as lawmakers reject Brexit law timetable
The pound weakened and stocks on world markets declined on Tuesday after British lawmakers rejected the government's proposed timetable for passing legislation to ratify its deal to exit the European Union.

FT.com - Financial MarketsOct 22, 2019
Zuckerberg admits Facebook in a poor position to promote Libra
Candid comments come ahead of a congressional hearing into the cryptocurrency project

Reuters BusinessOct 22, 2019
Boeing ousts senior executive as 737 MAX crisis grows
Boeing Co on Tuesday ousted the top executive of its commercial airplanes division, Kevin McAllister, marking the first high-level departure since two fatal crashes of its 737 MAX jets.

USA Today MoneyOct 22, 2019
Nike CEO to step down: Joins head of Under Armour in changing roles in 2020
Mark Parker, who's been CEO of Nike for the last 13 years, will be replaced by board member John Donahoe as of Jan. 13. Parker will have new role.       

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Nike CEO Mark Parker Steps Down After 4 Decades (AdWeek News)

Reuters BusinessOct 22, 2019
Boeing replaces senior executive as 737 MAX crisis grows
Boeing Co on Tuesday replaced the top executive of its commercial airplanes division, Kevin McAllister, marking the first high-level departure since the fallout started over two fatal crashes of its 737 MAX.

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UPDATE 2-Boeing replaces senior executive as 737 MAX crisis grows (Reuters Company News)

Reuters BusinessOct 22, 2019
U.S. charges six investment bankers over insider trading scheme
U.S. prosecutors said on Tuesday they had charged six members of an insider trading ring who worked for firms including Goldman Sachs Group , Moelis and Centerview Partners and allegedly booked tens of millions of dollars in illicit profits.

Reuters BusinessOct 22, 2019
U.S. defense chief drops review of $10 billion cloud computing contract over conflict of interest
U.S. Defense Secretary Mark Esper has removed himself from reviewing a disputed $10 billion cloud computing deal because of a possible conflict of interest, a move that could further delay the contract-award process.

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UPDATE 1-U.S. defense chief drops review of $10 bln cloud computing contract over conflict of interest (Reuters Company News)
U.S. Defense chief won't review $10 billion cloud computing deal due to conflict of interest (Reuters Business)

Google Business NewsOct 22, 2019
Experts react to Adam Neumann's 'stone-cold crazy' WeWork buyout - Business Insider
Experts react to Adam Neumann's 'stone-cold crazy' WeWork buyout  Business InsiderView full coverage on Google News

The Motley FoolOct 22, 2019
Veritex Holdings Inc (VBTX) Q3 2019 Earnings Call Transcript
VBTX earnings call for the period ending September 30, 2019.

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Paccar Inc (PCAR) Q3 2019 Earnings Call Transcript (The Motley Fool)

Reuters Company NewsOct 22, 2019
UPDATE 2-Chipotle sales beat expectations on new items, digital ordering
Chipotle Mexican Grill Inc reported higher-than-expected quarterly sales on Tuesday, boosted by new menu items, healthier meals and expanded drive-thru and delivery options.

Reuters BusinessOct 22, 2019
Biogen resurrects Alzheimer's drug; shares jump 27%
Biogen Inc revived plans on Tuesday to seek U.S. approval for Alzheimer's treatment aducanumab, surprising investors and saying data from more patients in two discontinued studies showed the drug reduced the decline of patients suffering from the disease.

Reuters Company NewsOct 22, 2019
UPDATE 1-Chipotle sales beat expectations on new items, digital ordering
Chipotle Mexican Grill Inc reported higher-than-expected quarterly comparable store sales growth on Tuesday, boosted by the addition of healthier meals to its menu and expanded delivery options.

MarketWatch MarketPulseOct 22, 2019
IRobot shares dive 16% after lowering guidance
IRobot Corp. shares plunged more than 16% in the extended session Tuesday after it beat earnings and revenue expectations but lowered its holiday quarter guidance, citing U.S. tariffs on robotic vacuum cleaners, among other issues. The robot vacuum maker reported fourth-quarter net income of $35.5 million, or $1.24 a share, compared with $31.9 million, or $1.12 a share, in the year-ago period. Revenue rose to $289.4 million from $264.5 million in the year-ago period. Analysts surveyed by FactSet had estimated earnings of 52 cents a share on revenue of $259.4 million. For the fourth quarter, analysts model earnings of $1.03 a share on sales of $444 million. IRobot lowered its full-year guidance to earnings of $2.60 to $2.80 a share on sales of $1.2 billion to $1.21 billion. Previously iRobot had expected full-year earnings of $2.40 to $3.15 a share on sales of $1.2 billion to $1.25 billion. In a statement, iRobot Chief Executive Colin Angle said it lowered guidance because of marketing conditions and the company's plans, which include several strategies to moderate the impact of U.S. tariffs on robotic vacuum cleaners. IRobot stock has fallen 36% this year, with the S&P 500 index rising 20%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



FT.com - USOct 22, 2019
Johnson wins landmark vote on his Brexit deal
PM then suffers quick defeat over attempt to push legislation through at high speed

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British pound falls 0.7% against the dollar as Johnson loses vote to fast-track Brexit plan (MarketWatch MarketPulse)
UK parliament votes in favour of Boris Johnson's Brexit bill (FT.com - US)

Reuters BusinessOct 22, 2019
Lockheed Martin profit climbs, expects lower cash flow in 2020; shares dip
Lockheed Martin Corp raised its estimate for 2019 earnings on Tuesday as quarterly profit climbed 9.2% amid improved sales of its F-35 fighter jets, but it forecast a lower cash flow for next year and shares dipped in afternoon trading.

Reuters Company NewsOct 22, 2019
UPDATE 5-Lockheed Martin profit climbs, expects lower cash flow in 2020; shares dip
Lockheed Martin Corp raised its estimate for 2019 earnings on Tuesday as quarterly profit climbed 9.2% amid improved sales of its F-35 fighter jets, but it forecast a lower cash flow for next year and shares dipped in afternoon trading.

SEC.gov Updates: News DigestOct 22, 2019
4 - Roberts David B (0001365731) (Reporting)
2019-10-22 0001437749-19-020447 10 KB

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4 - BUFFUM ANTHONY D (0001756224) (Reporting) (SEC.gov Updates: News Digest)
3 - O'Driscoll Kathryn (0001791978) (Reporting) (SEC.gov Updates: News Digest)

SEC.gov Updates: News DigestOct 22, 2019
4 - Tradeweb Markets Inc. (0001758730) (Issuer)
2019-10-22 0001567619-19-019889 9 KB

CNBC FinanceOct 22, 2019
WeWork's $47 billion valuation was always a fiction created by SoftBank
SoftBank's investments caused WeWork's valuation to skyrocket from $17 billion to $47 billion. Now the firm is resetting the terms.

SEC.gov Updates: News DigestOct 22, 2019
424B2 - Citigroup Global Markets Holdings Inc. (0000200245) (Filer)
2019-10-22 0000950103-19-014101 84 KB

NYTimes BusinessOct 22, 2019
Nike's Chief Executive, Mark Parker, Is Stepping Down
Mr. Parker, who was involved in multiple controversies in recent years, will become executive chairman of the sportswear company.

The Motley FoolOct 22, 2019
What Happened in the Stock Market Today
Biogen soared after making a surprising reversal on an Alzheimer's drug, and McDonald's fell following its earnings report.

AdWeek NewsOct 22, 2019
Under Armour's Kevin Plank Steps Down as CEO but Isn't Leaving Entirely
Under Armour will soon be under new leadership at the very top of the athletic clothing company: Founder Kevin Plank is stepping down from his post as chief executive. Patrik Frisk, who currently serves as Under Armour's chief operating officer, will be taking his place starting in 2020. Plank won't be leaving Under Armour entirely:...

The Motley FoolOct 22, 2019
Regions Financial Corp (RF) Q3 2019 Earnings Call Transcript
RF earnings call for the period ending September 30, 2019.

Yahoo BusinessOct 22, 2019
Boeing names Stan Deal CEO of Boeing Commercial Airplanes
Boeing's Executive in Charge of Commercial Airplanes, Kevin McAllister, is leaving the company. He is the most senior official to depart as the airline maker struggles to contain the fallout from the crashes of two 737 Max. Yahoo Finance's Myles Udland breaks it down on The Final Round.


Wall Street Journal US BusinessOct 22, 2019
Neumann to Exit WeWork With Up to $1.7 Billion as SoftBank Takes Control
SoftBank has reached a deal to take control of WeWork that would hand co-founder Adam Neumann nearly $1.7 billion and sever most of his ties with the company.

Yahoo BusinessOct 22, 2019
Were Hedge Funds Right About Piling Into Neurocrine Biosciences (NBIX)?
A whopping number of 13F filings filed with U.S. Securities and Exchange Commission has been processed by Insider Monkey so that individual investors can look at the overall hedge fund sentiment towards the stocks included in their watchlists. These freshly-submitted public filings disclose money managers' equity positions as of the end of the three-month period […]


Knowledge@WhartonOct 22, 2019
How Tax Changes Are Hurting the Housing Market
U.S. home prices are falling as the market absorbs the 2017 Tax Act changes. Meanwhile, other factors are hampering the housing market and could point to a recession ahead, experts say.

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Facebook Pledges $1 Billion for California Housing (NYTimes Business)

Yahoo BusinessOct 22, 2019
Hedge Funds Bailed Out of Teva Pharmaceutical Industries (TEVA) At the Right Time
Many investors, including Paul Tudor Jones or Stan Druckenmiller, have been saying before the Q4 market crash that the stock market is overvalued due to a low interest rate environment that leads to companies swapping their equity for debt and focusing mostly on short-term performance such as beating the quarterly earnings estimates. In the first […]


FT.com - Financial MarketsOct 22, 2019
Global stocks inch higher on US-China trade deal hopes
UK banks have already priced in a Brexit resolution, says Citi

SEC.gov Updates: News DigestOct 22, 2019
4 - Zoom Video Communications, Inc. (0001585521) (Issuer)
2019-10-22 0001585521-19-000030 16 KB

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4 - NMI Holdings, Inc. (0001547903) (Issuer) (SEC.gov Updates: News Digest)

Reuters Company NewsOct 22, 2019
UPDATE 2-Historic Brazil pension reform approval looms, lifting stocks to new highs
Brazil's Senate Constitutional and Legal Affairs Committee on Tuesday approved the text of a pension reform bill, paving the way for a second and final plenary vote later in the day that will finally enact the landmark bill into law.

Google Business NewsOct 22, 2019
A 'Star Wars' Fan Cataloged Almost All the Ships in That Fleet Shot In 'The Rise of Skywalker' Trailer - /FILM
A 'Star Wars' Fan Cataloged Almost All the Ships in That Fleet Shot In 'The Rise of Skywalker' Trailer  /FILMIn the Final Star Wars: The Rise of Skywalker Trailer, an Awe-Inspiring Battle Begins  GizmodoNew Star Wars: The Rise Of Skywalker Trailer: Five Things We Learned  Rotten TomatoesWhat you need to know about the new Star Wars Rise of Skywalker movie  Washington Examiner'Star Wars: The Rise of Skywalker' trailer showcases the final chapter of the Skywalker saga  CNNView full coverage on Google News

SEC.gov Updates: News DigestOct 22, 2019
4 - Medpace Holdings, Inc. (0001668397) (Issuer)
2019-10-22 0001567619-19-019867 5 KB

CNBC BusinessOct 22, 2019
Earnings season sees some big whiffs on Tuesday with McDonalds, UPS and Lockheed
Some of the largest and most well-known companies in the U.S. reported earnings on Tuesday that fell short of expectations.

Google Business NewsOct 22, 2019
'Star Wars: The Rise of Skywalker' trailer has fans bursting into tears - New York Post
'Star Wars: The Rise of Skywalker' trailer has fans bursting into tears  New York Post Star Wars: The Rise of Skywalker | Final Trailer  Star WarsNew The Final Star Wars: The Rise Of Skywalker Trailer: Five Things We Learned  Rotten Tomatoes'Star Wars: The Rise of Skywalker' trailer showcases the final chapter of the Skywalker saga  CNNDissecting THE RISE OF SKYWALKER Trailer's Surprise B1 Battle Droid  NerdistView full coverage on Google News

Reuters Company NewsOct 22, 2019
UPDATE 1-Brazil pension reform poised for final approval, stocks hit record high
Brazil's Senate Constitutional and Legal Affairs Committee on Tuesday approved the text of a pension reform bill, paving the way for a second and final plenary vote later in the day that will finally enact the landmark bill into law.

Wall Street Journal US BusinessOct 22, 2019
Fed Adds Temporary And Permanent Liquidity To Financial System Tuesday
The Fed injected $99.9 billion in temporary liquidity and $7.5 billion in permanent reserves into financial markets.

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Reports of problems accessing Twitter's microblogging site jump Tuesday morning (MarketWatch MarketPulse)

MarketWatchOct 22, 2019
Earnings Outlook: Prepare for an earnings trifecta with Boeing, Tesla and Microsoft on deck
Boeing Co., Tesla Inc., and Microsoft Corp. headline an action-packed slate of Wednesday earnings.

Google Business NewsOct 22, 2019
Nationals WILL UPSET The Astros in 2019 World Series in 7 Games | CBS Sports HQ - CBS Sports
Nationals WILL UPSET The Astros in 2019 World Series in 7 Games | CBS Sports HQ  CBS SportsThe slider could be the most important World Series pitch  The Washington PostNats' magical World Series run faces toughest test yet  Washington ExaminerWhere to watch the World Series in Houston: 34 hot deals at Houston's best bars and restaurants  CultureMap HoustonTipsheet: Astros, Nationals turn back the clock with great starting pitching  STLtoday.comView full coverage on Google News

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Astros vs. Nationals: MLB World Series Game 1 odds, prediction, pick, live stream, watch online, TV channel - CBSSports.com (Google Business News)

Reuters BusinessOct 22, 2019
Zuckerberg to tell Congress Facebook is 'not the ideal messenger' for Libra currency
Facebook Chief Executive Mark Zuckerberg plans to acknowledge before Congress that Facebook is not the "ideal messenger" for its Libra cryptocurrency project, given ongoing criticism of the company.

Reuters BusinessOct 22, 2019
S&P cuts Boeing outlook to 'negative' on fresh 737 MAX concerns
S&P Global Ratings lowered its outlook for Boeing Co to "negative" from "stable" on Tuesday, after reports that the planemaker may have misled the U.S. Federal Aviation Administration about problems with the anti-stall software on its grounded 737 MAX jet.

MarketWatchOct 22, 2019
NewsWatch: Why the S&P 500 needs Amazon to deliver on earnings
The S&P 500 can't achieve new highs without some big help from Amazon, says our call of the day from Peter Garnry, Saxo Bank's head of equity strategy.

MarketWatchOct 22, 2019
Just Eat investors ordered a higher bid. Now they have a £4.9 billion offer
Just Eat has rejected an all-cash offer from Nasper-owned Prosus which trumps an agreed deal with Takeaway.com

MarketWatch Breaking NewsOct 22, 2019
Need to Know: Why the S&P 500 needs Amazon to deliver on earnings
Need to Know: Why the S&P 500 needs Amazon to deliver on earnings

MarketWatch Breaking NewsOct 22, 2019
Just Eat rejects the takeover bid from Prosus
Just Eat rejects the takeover bid from Prosus

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Just Eat rejects 710 pence a share offer from Prosus (MarketWatch MarketPulse)

FT.com - Financial MarketsOct 21, 2019
S&P 500 closes above 3,000 as trade hopes lift US stocks
Sterling wobbles amid Brexit drama
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