TOP STORIES 
 
AT&T, TIME WARNER SHARES DROP AMID INVESTOR SKEPTICISM 

AT&T can add Wall Street to the list of skeptics regarding its $85 billion deal to buy Time Warner. The media giant's share price fell, meaning the market is figuring a 40% chance the merger will be approved, a fund manager said.

STOCKS RISE, SPURRED BY DEALS, EARNINGS 

U.S. stocks gained Monday, but were off their best levels of the session in early-afternoon trading, as companies unleashed a fresh round of deals and earnings.

TD AMERITRADE TO ACQUIRE SCOTTRADE 

TD Ameritrade agreed to acquire Scottrade Financial Services for $4 billion in a deal that merges two popular online discount brokerages facing pressures from declining trading volumes and shifts in technology.

BURGER KING PARENT REPORTS SLOWING SALES GROWTH 

Restaurant Brands International Inc. is the latest restaurant company to report cooling sales.

U.S. OVERSIGHT OF METLIFE CALLED INTO QUESTION AT COURT HEARING 

U.S. oversight of MetLife was called into question at a court hearing where the Obama administration sought to reassert the federal government's authority to regulate the large insurance firm.

SWISS NATIONAL BANK CHIEF DEFENDS NEGATIVE INTEREST-RATE POLICY 

Swiss National Bank Chairman Thomas Jordan defended his bank's negative interest-rate policy, saying it averted a steeper rise in the franc which would have crippled the export-dependent economy.

T-MOBILE PROFIT CLIMBS AS IT ADDS 2 MILLION CUSTOMERS 

T-Mobile US Inc. reported earnings and revenue growth in the most recent quarter, helped by a growing customer base as it ramps up pressure on competitors.

CFTC'S MASSAD WEIGHING TWEAKS TO AUTOMATED TRADING RULE FOR TREASURYS 

Commodity Futures Trading Commission Chairman Timothy Massad said he favors modifications to an agency proposal for regulating automated trading firms in Treasury markets.

KIMBERLY-CLARK IS BRACING FOR MORE QUARTERS OF SLUGGISH SALES 

The maker of Kleenex tissues and Huggies diapers lowered its financial forecasts Monday.

EU, CANADA TRADE DEAL BLOCKED BY BELGIAN OPPOSITION 

Belgium said it wouldn't support a trade deal between the European Union and Canada after one of its regions continued to block the pact, dashing hopes of signing the accord later this week.

TREASURY'S WEISS: `COMPELLING BENEFITS` FOR SHARING TRADE DATA WITH PUBLIC 

Antonio Weiss, counselor to the Secretary of the U.S. Treasury Department, said Monday he sees a role for sharing newly collected data on government bond transactions with the public, not only the official sector.

BANK OF CANADA MAINTAINS INFLATION-CONTROL TARGET 

The Bank of Canada said it planned to maintain its central inflation target at 2% for the next five years but would change the way it measures core inflation.

CHICAGO FED NATIONAL ACTIVITY INDEX PICKED UP IN SEPTEMBER 

Economic growth across the U.S. picked up in September, according to a report released Monday

MEXICAN INFLATION EDGES ABOVE CENTRAL BANK'S TARGET 

Mexico's inflation rate moved above the central bank's 3% target for the first time in a year and a half, pushed up in the first half of October by higher energy costs and the effects of a weaker peso.

WRANGLER MAKER VF CORP. CUTS GUIDANCE AS SALES SLOW 

VF Corp.-which owns brands like Wrangler, Timberland and North Face-trimmed its guidance Monday as the apparel conglomerate continued to cope with weak demand for denim and sportswear.

AMC SEES LESS-THAN-EXPECTED REVENUE GROWTH 

AMC Entertainment Holdings Inc. said it expects revenue in the September quarter to come in below Wall Street expectations.

CHINA'S HNA GROUP TO BUY 25% STAKE OF HILTON 

Chinese conglomerate HNA plans to buy a roughly 25% stake in Hilton Worldwide from Blackstone Group for $6.5 billion, the latest move into American real estate by a Chinese firm.

MAY SAYS U.K. REGIONS WILL HAVE SAY OVER BREXIT TERMS 

Prime Minister Theresa May tried to assure regional chiefs they will have a say in the U.K.'s departure from the EU, but Scotland's leader expressed frustration with what she said was the continuing lack of information from London.

FED'S DUDLEY WEIGHS SCOPE FOR SHARING TREASURY DATA WITH PUBLIC 

Federal Reserve Bank of New York President William Dudley said regulators have been sharing data they have collected on the changing nature of the U.S. Treasury market and their next step is weighing what transaction level information should be shared with market participants.

FED'S BULLARD STILL READY FOR ONE MORE RATE RISE BEFORE HOLDING STEADY 

St. Louis Fed President James Bullard said very low rates are likely to persist well into the future, reiterating his view that the U.S. central bank likely only needs to raise rates one more time before holding steady.

 
 
 
  ======= DOW JONES NEWSWIRES ANALYSIS AND COMMENTARIES ======= 
 
 
Capital Journal 
THE REAL PROBLEM OF THIS ELECTION: LACK OF A MANDATE 
 

This year's presidential race is almost devoid of serious policy debate. And that in turn means it isn't producing any clear mandate for those who must try to govern after it ends, writes Gerald F. Seib.

 
Markets Main 
CELLPHONE USE TO DETERMINE FICO SCORES ABROAD 
 

Fair Isaac Corp., or FICO, plans to announce Tuesday that it will start letting nonfinancial information help determine credit scores, although it isn't planning on incorporating this data into scores for U.S. consumers.

 
 
 

(END) Dow Jones Newswires

October 24, 2016 13:11 ET (17:11 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.