- 3M bounces sharply off an 11-year low after big adjusted profit beat and raised outlook (marketwatch)
- 3M generated free cash flow of $1.9 billion in the third quarter, better than the $1 billion projected by Wall Street, helped by lower inventory levels. For the full year, 3M expects to generate about $5.2 billion in free cash flow, about $400 million higher than analysts are modeling. (barrons)
- 3M Raises Its Full-Year Profit Target After Deep Spending Cuts (bloomberg)
- Xi Makes Unprecedented Central Bank Visit in Sign of Focus on Economy (bloomberg)
- China is set to unleash fresh fiscal stimulus to shore up its economic recovery, drawing on a well-used playbook that relies heavily on debt and state spending (reuters)
- Xi Steps Up Economic Support With New Debt Issuance (bloomberg)
- Stellantis workers after 5 weeks on UAW strike: ‘Enough is enough. Let’s get it done.’ (dfp)
- GM Caps Off Tough Quarter With Strong Earnings (barrons)
- GM Post Strong Third-Quarter Profit, Scraps EV Target (wsj)
- Tech Stocks Are More Appealing as Earnings Season Starts Up (barrons)
- Why Coke, others, may be spared, as a $100 billion opportunity in weight loss drugs unfolds says JPMorgan (marketwatch)
- Verizon Raises Free Cash Flow Guidance and Shows Solid Subscribers Growth (barrons)
- Danaher Tops Earnings and Revenue Estimates. (barrons)
- Ackman, Gross Abandon Bearish Bond View With Yields Bouncing Off 5% (bloomberg)
- Alphabet Earnings Are Coming. Expect Strength in Ads and Cloud Computing. (barrons)
- Buyback Blackout Ends, Launching Billions In Stock Repurchases (zerohedge)
- Jamie Dimon Criticizes Central Banks for ‘Dead Wrong’ Forecasts (bloomberg)
- ‘Stocks are the place to be’: Wharton professor Jeremy Siegel says rising geopolitical risks represent a buying opportunity (businessinsider)
- ASML employee accused of data theft went to Huawei: report (scmp)
- China Sovereign Wealth Fund Extends Buying To ETFs (chinalastnight)
- 2 Beaten-Down Stocks That Haven’t Been This Cheap in Over 6 Years (fool)
- Coca-Cola beats earnings estimates, raises outlook as volume grows despite price hikes (cnbc)
- The Economy Was Supposed to Slow by Now. Instead It’s Revving Up. (wsj)