BC-US--Money & Markets Digest, US
Money & Markets modules for Wednesday, October 15
All graphics are sent by 6 p.m. EDT
Subscriber surge? Netflix is due to report its third-quarter earnings results today.
JP Morgan returns to profit
JP Morgan Chase kicked off the quarterly earnings season for the financial sector by reporting that it returned to profitability in the third quarter.
Dividends are up
Dividends keep climbing, even in some unfamiliar corners. Bigger profits for businesses means more can pay dividends to their shareholders, and 563 companies increased their dividends or paid one for the first time last quarter. That means the U.S. stock market is on pace to pay out a record amount this year, according to S&P Dow Jones Indices.
Johnson & Johnson (JNJ)
Armstrong World (AWI)
Domino's Pizza (DPZ)
JPMorgan Chase (JPM)
Gilead Sciences (GILD)
American Airlines (AAL)
First Eagle Overseas A (SGOVX)
First Eagle Overseas has had its Morningstar analyst rating placed under review because its longest-tenured manager, Abhay Deshpande, has resigned.
For questions about Money & Markets content, please contact Trevor Delaney (800-845-8450, ext. 1807). For technical support: contact Todd Balog (816-654-1096). After 6 p.m., contact the AP Business News desk (800-845-8450, ext. 1680) for content questions; 1-800-3AP-STOX for technical support and 212-621-1905 for graphics help. The Money & Markets digest can also be found at www.markets.ap.org .
# # #