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Wall Street Journal - Oct 18

PRESS DIGEST- Wall Street Journal - Oct 18 Oct 18 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - Pittsburgh based paint and coatings manufacturer PPG PPG.N said on Thursday that it agreed to sell its architectural-coatings business in the U.S.
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Nasdaq top and bottom performing stocks at about 03:45 p.m. EDT

BUZZ - Nasdaq top and bottom performing stocks at about 03:45 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change Broadcom Inc AVGO.OQ +2.9% Micron Technology Inc MU.OQ +2.8% ASML Holding NV ASML.OQ +2.6% Vertex Pharmaceuticals Inc VRTX.OQ +2.1% Arm Holdings PLC ARM.OQ +1.8% Bottom Performers Percent Change CSX Corp CSX.OQ -6.4% Moderna Inc MRNA.OQ -4.0% Warner Bros Discovery Inc WBD.OQ -3.6% PDD Holdings Inc PDD.OQ -3.2% Lululemon Athletica Inc LULU.OQ -3.2% The Nasdaq 100 .NDX gained 38.10
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U.S. STOCKS Avery Dennison, Snap-On, Avadel Pharma

BUZZ-U.S. STOCKS ON THE MOVE-Avery Dennison, Snap-On, Avadel Pharma Wall Street rose on Thursday, with the S&P 500 and the Dow briefly reaching record highs, as chip stocks surged on TSMC's upbeat forecast and stronger-than-expected monthly retail sales indicated a robust U.S. consumer. .N At 13:36 ET, the Dow Jones Industrial Average .DJI was up 0
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U.S. STOCKS Avery Dennison, Snap-On, Avadel Pharma

BUZZ-U.S. STOCKS ON THE MOVE-Avery Dennison, Snap-On, Avadel Pharma Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street gained on Thursday, with the S&P 500 and the Dow touching intraday record highs, driven by TSMC's upbeat forecast and a bigger-than-expected rise in monthly retail sales indicating a strong U.S.
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Nasdaq top and bottom performing stocks at about 12:01 p.m. EDT

BUZZ - Nasdaq top and bottom performing stocks at about 12:01 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change Broadcom Inc AVGO.OQ +4.9% Arm Holdings PLC ARM.OQ +3.3% Micron Technology Inc MU.OQ +3.2% NVIDIA Corp NVDA.OQ +3.2% CrowdStrike Holdings Inc CRWD.OQ +2.1% Bottom Performers Percent Change CSX Corp CSX.OQ -5.7% Warner Bros Discovery Inc WBD.OQ -3.3% Moderna Inc MRNA.OQ -3.1% PDD Holdings Inc PDD.OQ -3.1% MongoDB Inc MDB.OQ -2.3% The Nasdaq 100 .NDX gained 161.02 points, or 0.80%,
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S&P 500 top and bottom performing stocks at about 12:00 p.m. EDT

BUZZ - S&P 500 top and bottom performing stocks at about 12:00 p.m. EDT S&P 500 .SPX Top Performers Percent Change Snap-On Inc SNA.N +9.1% Travelers Companies Inc TRV.N +7.6% Blackstone Inc BX.N +6.4% Broadcom Inc AVGO.OQ +4.9% Steel Dynamics Inc STLD.OQ +4.7% Bottom Performers Percent Change Elevance Health Inc ELV.N -12.1% Molina Healthcare Inc M
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U.S. STOCKS PPG Industries, Travelers, ShiftPixy

BUZZ-U.S. STOCKS ON THE MOVE-PPG Industries, Travelers, ShiftPixy Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 U.S. stock indexes were set to rise on Thursday, with an upbeat forecast from TSMC boosting semiconductor stocks, while a bigger-than-expected rise in September retail sales pointed to a strong U.S.
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U.S. STOCKS Meta Platforms, Elevance Health, Robinhood Markets

BUZZ-U.S. STOCKS ON THE MOVE-Meta Platforms, Elevance Health, Robinhood Markets Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 U.S. stock index futures advanced on Thursday, with an upbeat forecast from TSMC boosting semiconductor stocks, while investors awaited key economic data for clues on the U.S.
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Railroad company CSX falls after weak Q3 results

BUZZ-Railroad company CSX falls after weak Q3 results ** CSX shares fall 5.1% to $33.65 in premarket trading ** Railroad company reports Q3 profit of 46 cents per share vs analysts' average estimate of 48 cents, according to data compiled by LSEG ** Revenue of $3.62 bln misses est. of $3.67 bln ** Operating ratio deteriorates 170 bps from the prior quarter to 62.6%; operating margin was 37.4% for the quarter ** Stephens analyst says lower revenue and storm impacts should drive lower operating ma
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U.S. Constellation Energy, Morgan Stanley, Uber

U.S. RESEARCH ROUNDUP-Constellation Energy, Morgan Stanley, Uber Oct 17 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Constellation Energy, Morgan Stanley, and Uber, on Thursday. HIGHLIGHTS * Constellation Energy Corp CEG.O : J.P. Morgan initiates coverage with overweight rating * Illumina Inc ILMN.O : HSBC raises to buy from hold * Morgan Stanley MS.N : RBC raises target price to $122 from $108 * Uber UBER.N : Dai
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CSX down after Q3 revenue, profit miss

BUZZ-CSX down after Q3 revenue, profit miss ** Shares of freight rail company CSX CSX.O fall 4.6% to $33.67 after the bell ** Co misses analysts' average estimate for Q3 revenue and profit, hurt by decline in coal revenue and effects of lower global benchmark prices ** CSX reports revenue of $3.62 bln vs estimates of $3.67 bln; posts EPS of $0.46 v
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Railroad firm CSX misses profit estimates on sluggish coal volumes

Railroad firm CSX misses profit estimates on sluggish coal volumes Oct 16 (Reuters) - U.S. railroad operator CSX CSX.O reported third-quarter profit below Wall Street estimates on Wednesday, as lower coal volumes offset benefits from stronger pricing, sending its shares down 3.4% in after the bell trade. Domestic coal demand has been hampered by a consumer shift to cheaper natural gas stockpiles for energy, while adverse weather conditions and work stoppages at Canadian railroads posed various o
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CSX Q3 EPS USD 0.46 Vs. IBES Estimate USD 0.48

BRIEF-CSX Q3 EPS USD 0.46 Vs. IBES Estimate USD 0.48 Oct 16 (Reuters) - CSX Q3 net income USD 894 million vs. IBES estimate USD 926.5 million. Q3 revenue USD 3,620 million vs. IBES estimate USD 3,673 million Q3 operating income USD 1,350 million vs. IBES estimate USD 1,396 million
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What to Watch in the Day Ahead - Wednesday, October 16

What to Watch in the Day Ahead - Wednesday, October 16 The Day Ahead is an email and PDF publication that includes the day's major stories and events, analyses and other features. To receive The Day Ahead, Eikon users can register at DAY/US . Thomson One users can register at RT/DAY/US. All times in ET/GMT Morgan Stanley will report its third-quarter results.
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U.S. earnings week ahead

DIARY-U.S. earnings week ahead Oct 11 (Reuters) - Diary of U.S. (.SPX) corporate earnings for the week ahead. ** Please Note - All times given are in U.S. EDT unless otherwise stated ** U.S. EARNINGS Start Date Start Time RIC Company Name Event Name 15-Oct-2024 AMC JBHT.O J B Hunt Transport Services Inc Q3 2024 J B Hunt Transport Services Inc Earnings Release 15-Oct-2024 AMC UAL.O United Airlines Holdings Inc Q3 2024 United Airlines Holdings Inc Earnings Release 15-Oct-2024 AMC OMC Omnicom Group
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Air Products gains after activist Mantle Ridge takes stake in co

BUZZ-Air Products gains after activist Mantle Ridge takes stake in co ** Shares of industrial gas maker Air Products and Chemicals APD.N up 8.78% to $310.5, touching a more-than-20-month high ** On Oct. 4, activist investor Mantle Ridge took stake in the co, first reported by The Wall Street Journal ** Also, brokerage Jefferies upgrades ratings to
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CSX Approved $0.12 Per Share Quarterly Dividend On Co's Common Stock

BRIEF-CSX Approved $0.12 Per Share Quarterly Dividend On Co's Common Stock Oct 3 (Reuters) - CSX Corp CSX.O : CSX CORP: APPROVED $0.12 PER SHARE QUARTERLY DIVIDEND ON CO'S COMMON STOCK Source text for Eikon: ID:nGNXbn6fvP Further company coverage: CSX.O
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CSX Says Closely Monitored ILA Contract Negotiations & Proactively Prepared For Work Stoppage And Service Disruptions At East Coast Ports

BRIEF-CSX Says Closely Monitored ILA Contract Negotiations & Proactively Prepared For Work Stoppage And Service Disruptions At East Coast Ports Oct 1 (Reuters) - CSX Corp CSX.O : CSX CORP - CSX CLOSELY MONITORED ILA CONTRACT NEGOTIATIONS AND PROACTIVELY PREPARED FOR WORK STOPPAGE AND SERVICE DISRUPTIONS AT EAST COAST PORTS CSX: TO MINIMIZE CUSTOMER
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RBC raises PT for railroads ahead of Q3

BUZZ-RBC raises PT for railroads ahead of Q3 ** RBC Capital Markets raises price target for North American class 1 railroads ahead of Q3 results; maintains stock ratings ** Brokerage says avg. return for rails was up 6% in Q3, outperforming S&P 500 by 102 basis points ** Adds, Norfolk Southern Corp NSC.N shares outperformed the group due to positiv
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US urges freight railroads to guarantee paid sick leave for all

UPDATE 1-US urges freight railroads to guarantee paid sick leave for all Adds comment from railroads, background from paragraph 5 By David Shepardson WASHINGTON, Sept 25 (Reuters) - The Biden administration on Wednesday called on three major freight railroads to guarantee paid sick leave for all workers, saying 10,000 employees do not have the benefit.
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