TOP STORIES 
 
TURKEY SHOOTS DOWN RUSSIAN JET FIGHTER NEAR SYRIAN BORDER 

The Turkish government said its military shot down a Russian jet fighter along the Syrian border on Tuesday, in an escalation of tensions between Moscow and a key North Atlantic Treaty Organization member in the chaotic Middle East civil war.

STOCKS FALL AS TURKEY DOWNS JET 

Global stock markets fell as the Turkish military shot down a jet fighter along the Syrian border, potentially raising geopolitical tensions.

CORPORATE PROFITS SLIP AS U.S. GROWTH IS REVISED UP A BIT 

The U.S. economy expanded at a faster pace than initially estimated in the third quarter while corporate profits slipped, an uneven reading that has been a hallmark of the six-year-old expansion.

U.S. HOME PRICE GROWTH GAINED MOMENTUM IN SEPTEMBER 

Home price growth accelerated in September, according to a report released Tuesday, adding to concerns that lofty price gains are helping to keep some buyers out of the market.

U.S. REGULATOR WARNS ABOUT CREDIT RISK AS BANK REVENUE STAGNATES 

The Federal Deposit Insurance Corp. warned about increasing credit risk in the banking sector as it reported that industry revenues stagnated in the third quarter.

J.P. MORGAN WARNS IT COULD UNPLUG QUICKEN AND QUICKBOOKS USERS 

J.P. Morgan plans to disable customers' access to their bank-account information through software designed to help manage their personal finances unless the customers take steps to confirm their identity with the bank.

JUSTICE DEPARTMENT PROBING COMCAST'S ROLE IN 'SPOT' CABLE AD SALES MARKET 

The Justice Department is investigating whether Comcast's business practices in the $5 billion cable advertising-sales market violate federal antitrust law.

ALIBABA IN TALKS TO BUY CONTROLLING STAKE IN SCMP GROUP 

The Chinese Internet giant is in discussions to buy a controlling stake in Hong Kong's SCMP Group, in a deal that would put the largest local English language newspaper in the hands of a mainland Chinese company.

MICROSEMI WINS BATTLE TO BUY PMC-SIERRA 

Microsemi said it had reached a deal to buy chip maker PMC-Sierra for $2.5 billion in cash and stock, ending weeks of dueling negotiations with Skyworks Solutions.

VOLKSWAGEN FACES TAX-EVASION INVESTIGATION IN GERMANY 

German prosecutors have launched an investigation into possible tax evasion related to Volkswagen's emission-cheating scandal, the latest in a growing list of official probes into alleged misconduct at the German auto maker.

BAD LOANS HOBBLE EUROPEAN BANKS' RECOVERY 

European Banking Authority said on Tuesday that lenders were making progress building up their capital reserves, but that bad loans continue to drag on bank profitability.

HIGH-SPEED TRADERS FACE NEW CFTC SCRUTINY 

The Commodity Futures Trading Commission took its first concrete step toward boosting oversight of rapid-fire traders.

CONSUMER CONFIDENCE IN U.S. ECONOMY DOWN SHARPLY 

Consumers' outlook on the U.S. economy plunged in November to its lowest in at least a year, as Americans lost faith in job prospects.

DISSIDENTS FAIL TO WIN ETHAN ALLEN BOARD SEATS 

Shareholders of Ethan Allen elected the seven directors nominated by the furniture company, defeating an effort by activist investor Sandell to win control of the board.

CALPERS DISCLOSES PRIVATE-EQUITY FEES 

The largest U.S. pension fund said it has paid $3.4 billion in performance fees to private-equity managers since 1990, doling out $700 million in the past year alone.

FDA APPROVES ELI LILLY'S LUNG CANCER DRUG 

The U.S. Food and Drug Administration said it approved Eli Lilly's drug to treat a form of the most common type of lung cancer.

BEZOS TEAM LANDS SPENT ROCKET AFTER SPACE FLIGHT 

The privately funded space company backed by Amazon.com founder and chief executive Jeff Bezos announced a historic coup with a test flight of a fully reusable rocket.

SHAREHOLDERS REJECT PLAN TO MERGE CKI, POWER ASSETS 

Tycoon Li Ka-shing was dealt a blow on Tuesday after a stormy shareholders meeting in which investors voted down the proposed US$13-billion merger of his infrastructure arm and a cash-rich affiliate power company.

APPLE PAY AIMS TO LAUNCH IN CHINA BY FEBRUARY 

Apple plans to launch its Apple Pay electronic-payment service in China by early February if it can clear regulatory hurdles-upon which it would find itself in a fiercely competitive market dominated by entrenched rivals.

CAMPBELL SOUP RAISES EARNINGS GUIDANCE 

Campbell Soup raised its earnings guidance for the year, but cut its sales outlook as it reported its profit sank 22% in the latest quarter.

 
 
 
  ======= DOW JONES NEWSWIRES ANALYSIS AND COMMENTARIES ======= 
 
 
U.S. News 
CONGESTED HOLIDAY TRAVEL EXPECTED AT U.S. AIRPORTS AMID TIGHT SECURITY 
 

Domestic fliers are being told to arrive at airports at least two hours before departure during a Thanksgiving travel period that's expected to attract more than 25 million passengers who will face the twin challenges of packed concourses and increased security.

 
Moneybeat Blog 
AIRLINE STOCKS LOSE STEAM AS GLOBAL TENSIONS HEAT UP 
 

Amid a sea of red for stocks Tuesday, airlines are seeing the biggest losses.

(END) Dow Jones Newswires

November 24, 2015 13:02 ET (18:02 GMT)

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