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Google Business NewsOct 19, 2018
Stocks struggle to rebound from Thursday's sell-off as tech shares roll over - CNBC


Stocks struggled on Friday to regain their footing from a steep sell-off in the prior session as tech shares gave back their initial gains. The Dow Jones Industrial Average traded just 30 points higher after rising more than 200 points earlier in the

Stocks open higher, attempt to bounce back from Thursday selloff (MarketWatch MarketPulse)

MarketWatch MarketPulseOct 19, 2018
Honeywell's stock turns lower after SEC accounting investigation disclosed
Shares of Honeywell International Inc. took an afternoon dive Friday, after the company disclosed that the Securities and Exchange Commission had opened an investigation into its accounting practices. The stock fell 0.7% in recent trade, after being up as much as 1.6% intraday after the diversified industrial company beat third-quarter earnings expectations. Honeywell said in its quarterly 10-Q filing that after a review of its accounting of accruals for the legacy Bendix asbestos-related liability for unasserted claims, the SEC advised Honeywell on Sept. 13 that an investigation was opened. "Honeywell intends to provide requested information and otherwise fully cooperate with the SEC staff," the company said in a statement. The stock has gained 5.7% over the past three months, while the Dow Jones Industrial Average has tacked on 1.8%.

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

NuVasive's stock tumble on CEO departure presents buying opportunity, analyst says (MarketWatch MarketPulse)
SolarWinds stock opens 2% above IPO price, then falls below it (MarketWatch MarketPulse)

MarketWatchOct 19, 2018
Market Snapshot: Dow up 100 points as stock market aims to follow China rebound
U.S. stocks appear set to kick of Friday trade solidly higher as a rebound in China's main equity benchmarks assuage dread about waning global growth, even as Beijing reports the worst rate of economic expansion since 2009.

Reuters Company NewsOct 19, 2018
UPDATE 1-Ford CEO seeks to rally dealers as shares sink to new low
With Ford Motor Co's stock at nearly a nine-year low and the company squeezed by tariffs and trade tensions, Chief Executive Jim Hackett sought to restore confidence among dealers gathered in Las Vegas this week, days ahead of announcing the automaker's third-quarter results.

MarketWatch MarketPulseOct 19, 2018
EBay's stock sinks toward 22-month low after PayPal suggests weak GMV trends, downgrade
Shares of eBay Inc. sank 3.7% in premarket trade Friday, putting them on track to open at the lowest level since January 2017, after the online marketplace was downgraded at Stifel Nicolaus, citing PayPal Holdings Inc.'s earnings release, which suggested weak third-qaurter gross merchandise volume (GMV) trends at eBay. Analyst Scott Devitt cut his rating to hold from buy, and slashed his price target to $35 from $43. PayPal suggested late Thursday that eBay's marketplace GMV rose 3.4% from a year ago, well below Devitt's estimate of 7.2% growth. "We further expect eBay's multi-year transition to the Adyen payments platform could be bumpy given the long history that buyers and sellers have working almost exclusively with PayPal on the eBay platform," Devitt wrote in a note to clients. EBay is scheduled to report third-quarter results after the Oct. 30 close. The stock has shed 7.5% over the past three months, while the S&P 500 has eased 1.3%.

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

MarketWatch MarketPulseOct 18, 2018
Brextra: U.K. Prime Minister Theresa May seen willing to extend Brexit transition, say reports
U.K. Prime Minister Theresa May is considering a longer transition period as Britain attempts to break an impasse in talks to forge a new relationship with Europe's trade bloc. At a summit in Brussels on Wednesday, May told a 27-member panel of representatives of European Union nations that she was "ready to consider" extending a 21-month transition period following the U.K.'s exit from the EU at the end of March, according to reports in The Guardian on Thursday. The move is viewed as a conciliatory tactic by May as she attempts to navigate tense talks with EU officials following a closely watched dinner meeting in Brussels, which was referred to by European Council President Donald Tusk earlier in the week as May's "moment of truth." Fears that the U.K. was on the brink of severing its customs and trade partnership with the EU without a clear trade deal in place, have threatened to stoke volatility in domestic markets, if not ripple globally. A decision to delay the Brexit transition could see Britons abiding under EU rules until 2021 or longer. The Brextra time, as some critics have referred to it, has stoked anger among hardline constituents who had advocated for a May to follow through with Brexit and were against maintaining EU ties for longer. For months, the EU and U.K. have been at loggerheads over specifically over the issue of trade between the Republic of Ireland and the U.K.'s Northern Ireland. The British pound was at $1.3110, little changed against the U.S. dollar, compared with $1.3114 late Wednesday in New York.

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

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