News Stocks 

Boeing stock at its lowest in two months after report jet maker may have misled FAA

“Instant messages from two Boeing employees suggest the company may have misled the FAA, Reuters reported, citing documents it had reviewed” writes Claudia Assis for marketwatch.com. The FAA has confirmed Boeing told it a day or so earlier about the messages, which the company had discovered months ago.Shares of Boeing Co. on Friday were on pace for their worst close in nearly two months after a report said that internal messages suggest the company misled federal aviation authorities about the safety of the 737 Max jet. Source: marketwatch.com

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News Stocks 

Dow industrials end 1% lower as Boeing, J&J shares exact more than 220-point toll on the blue-chip index

“U.S. stocks finished near their lows of the session on Friday, with declines in Johnson & Johnson and Boeing Co. delivering the lion’s share of the pain for the Dow industrials” writes Mark Decambre for marketwatch.com. Dow components Boeing cut about 170 points from the price-weighted average, while J&J and shares exacted a 57-point toll on the index.The S&P 500 index SPX, -0.39% closed 0.4% lower at 2,986, while the Nasdaq Composite Index COMP, -0.83% ended 0.8% lower at 8,090. Boeing’s stock got slammed after the Federal Aviation Administration said…

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News Stocks 

Dow breaks slightly lower at Friday’s open as J&J’s stock weighs on blue chips

“The S&P 500 index SPX, +0.00% was off less than 0.1% at 2,997, while the Nasdaq Composite Index COMP, -0.08% was down 0.1% at 8,151” writes Mark Decambre for marketwatch.com. US stocks on Friday headed slightly lower but benchmarks were set to post a second straight week of gains on quarterly corporate results that have thus far come in better than expected.Meanwhile, other Dow components Coca-Cola shares climbed after the beverage and snacks company matched expectations and sales rise slightly more than anticipated and American Express Co.’s AXP, -0.38% shares…

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Markets News Stocks 

Legendary investor Peter Borish describes how effective investing is like being a successful baseball manager — and shares his top trade for an economy wracked with record debt

“It’s Borish’s contrarian way of thinking and foresight that leads him to believe an “interesting” trade is primed to deliver” writes Christopher Competiello for businessinsider.com. He’s probably most famous for co-founding Tudor Investment Corporation with legendary investor Paul Tudor Jones in the 1980s.Peter Borish, chief strategist at Quad Group, is an investor that generally flies under-the-radar. Source: businessinsider.com

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GBP News Stocks 

Asian stocks track Brexit deal cheer but China caution prevails

“Oil was mixed ahead of the China data, with U.S. crude up 0.1% to $53.99 a barrel, but Brent crude Spot gold was flat, trading at $1,491.73 per ounce. [GOL/]” writes Midwest Communications Inc for 95kqds.com. MSCI’s broadest index of Asia-Pacific shares outside Japan was up about 0.1% in early trade, echoing Wall Street’s small gains. Source: 95kqds.com

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News 

Slowdown fears, trade wars hit sales at major industrial companies

“PPG shares traded 0.4% higher on Thursday” writes Claudia Assis for marketwatch.com. Alcoa shares recently rallied more than 6%, heading toward their highest close in two weeks and on pace for their largest one-day percent increase since Sept. 11.AA, +5.95%  reported mixed third-quarter earnings late Wednesday and shares rose on news of a restructuring and asset sales for the aluminum and alumina producer. Source: marketwatch.com

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News 

M&T Bank Shares Fall After Third-Quarter Profit Decline

“M&T Bank (MTB – Get Report) shares fell Thursday, after it reported that third-quarter net income fell 9% to $480 million from $526 million a year earlier” writes Dan Weil for thestreet.com. Revenue increased, “highlighted by 28% growth in our mortgage banking businesses,” he said. Higher operating expenses reflected investments in mortgage banking and technology, he said. Source: thestreet.com

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Netflix shares start to fade on fears of slowing subscriber growth

“The company reported mixed results for the third quarter, with an earnings beat and a miss on domestic subscriber adds, despite international subscriber adds returning to growth” writes Annie Palmer for cnbc.com. Shares of Netflix popped as much as 9% in early trading on Thursday following the company’s third-quarter earnings report, but the stock pared some of its gains as it appeared some investors may be reassessing their views around slowing subscriber growth. Source: cnbc.com

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Huazhu Group Shares Cross Above 200 DMA

“In trading on Thursday, shares of Huazhu Group Ltd (Symbol: HTHT) crossed above their 200 day moving average of $34.99, changing hands as high as $35.69 per share” writes Bnk Invest for nasdaq.com. Huazhu Group Ltd shares are currently trading up about 4.2% on the day.The chart below shows the one year performance of HTHT shares, versus its 200 day moving average: Looking at the chart above, HTHT’s low point in its 52 week range is $24.90 per share, with $45.39 as the 52 week high point — that compares…

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News 

Netflix adds more-than-expected subscribers in third quarter

“That performance, combined with concerns about new competitors, had weighed on Netflix shares, which had fallen 21% from the last earnings report through regular trading on Wednesday” writes Min Read for reuters.com. The company said in the earnings report that it expected free cash flow to improve in 2020 and annually beyond that. Source: reuters.com

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