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 Despite its sales growth accelerating compared with the previous quarter, some of the headwinds Danone had flagged during second-quarter reporting didn't ease in the third quarter, management said.
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 NAIROBI, Oct 18 - The following company announcements, scheduled economic indicators, debt
and currency market moves and political events may affect African markets on Friday.
- - - - -
EVENTS:
IMF publishes regional economic outlook for sub-Saharan
Africa
GLOBAL MARKETS
Asian stocks stumbled on Friday after China posted its
weakest growth in nearly three decades, countering a global
lift in sentiment on the UK and European Union striking a
long-awaited Brexit d
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 Apple Inc CEO Tim Cook met the chief of China's market regulator in Beijing on Thursday, the Chinese agency said, a week after the U.S. firm was thrust into the midst of political tensions between the mainland and protesters in Hong Kong.
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Asian stocks edged higher on
Friday, tracking the global lift in sentiment after the UK and
the European Union struck a long-awaited Brexit deal, but
concern about the Chinese economy is likely to cap gains with
data expected to show weaker growth.
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 As we already know from media reports and hedge fund investor letters, hedge funds delivered their best returns in a decade. Most investors who decided to stick with hedge funds after a rough 2018 recouped their losses by the end of the second quarter. We get to see hedge funds' thoughts towards the market and […]
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 U.S. confirms tariffs on $7.5 billion in EU goods will take effect Friday
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 U.S. stocks ended modestly higher Thursday, boosted after a round of generally upbeat corporate earnings and a tentative agreement by U.K. and European Union leaders on the terms of Britain's exit from the European Union. The Dow Jones Industrial Average ended a choppy session with a gain of around 26 points, or 0.1%, near 27,028, while the S&P 500 gained around 8 points, or 0.3%, near 2,998. The Nasdaq Composite finished near 8,157, up around 33 points, or 0.4%. Shares of streaming company Netflix Inc. rose 2.5%, while banking giant Morgan Stanely advanced 1.5% following earnings.
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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China's market regulator chief Xiao Yaqing met with Apple Inc's Chief Executive Tim Cook in Beijing on Thursday, the regulator said on Friday.
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China's economic growth plunges to lowest level since 1992 CNNChina says its economy grew 6% in the third quarter, slower than expected CNBCChina's GDP growth to grind to 27-1/2 year low as tariffs hit demand ReutersChina Economic Growth Slows Even More in the Third Quarter The Wall Street JournalChina's economic growth sinks to a 26-year low Fox BusinessView full coverage on Google News
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Johnson & Johnson has agreed to pay nearly $117 million to resolve allegations that it deceptively marketed transvaginal surgical mesh devices, U.S. state attorneys general said on Thursday.
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One longtime CME trader's says this kind of stock-market manipulation hasn't been seen since al Qaeda cashed in before initiating the Sept. 11 attacks.
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Shares of Gildan Activewear Inc. tanked 12% in the extended session Thursday after the apparel maker cut guidance for the year and called for a 7% drop in quarterly profit. Gildan said it expects to report third-quarter GAAP per-share earnings of about 51 cents a share, and adjusted EPS of about 53 cents a share, both down 7% over the third quarter of 2018. Third-quarter sales are seen around $740 million, 2% lower than the same quarter last year. A previous guidance on Aug. 1. called for adjusted EPS growth to be flat in the third quarter on a projected sales growth. Gildan said it experienced "significantly weaker-than-expected demand for imprintables in North America and ongoing softness in international imprintable markets." Gildan mostly makes plain T-shirts and fleeces that users go on to customize with their own logos and messages. The guidance cut reflects a sales shortfall around $50 million, and presumes that the demand weakness for imprintables both in North America and internationally "will persist through the fourth quarter," the company said. Gildan stock ended the regular trading day up 0.3%. The company is scheduled to report third-quarter results on Oct. 31 before the open. Gildan in Marchwarned of an earnings hit from a debt write-off.
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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 U.S. stocks end with modest gains following tentative Brexit pact
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