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. Lawmakers, media rivals and politicians have come out against the deal, calling for intense regulatory review.

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.

VISA PROFIT RISES 28% AS RESULTS TOP WALL STREET VIEWS 

Visa's quarterly earnings rose 28%, driven by growth in payments volume and processed transactions and the card company's acquisition of Visa Europe.

STOCKS RISE, SPURRED BY DEALS, EARNINGS 

U.S. stocks closed higher Monday, led by broad gains in technology shares, as companies unleashed a fresh round of deals and earnings.

FED'S POWELL SAYS CENTRAL BANK WILL RAISE EXPECTATIONS ON BANK OF NEW YORK 

Federal Reserve Gov. Jerome Powell said the central bank is stepping up its scrutiny of Bank of New York Mellon as the bank prepares to become the sole provider of settlements in government bonds.

FED'S EVANS FORECASTS THREE RATE INCREASES BY THE END OF 2017 

Chicago Fed President Charles Evans said he sees three interest-rate increases before the end of next year, and argued that the central bank should consider overshooting its inflation target.

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.

CONSUMER REPORTS YANKS HONDA CIVIC RECOMMENDATION 

Consumer Reports has pulled its recommendation for the Honda Civic after owners of the popular compact car reported many reliability issues.

CONCHO, PRIVATE-EQUITY INVESTORS SEEK BUYER FOR ALPHA CRUDE CONNECTOR 

The owners of a major oil pipeline system in West Texas are looking to cash in amid a boom in deal and drilling activity in the region's Permian Basin.

OIL COMPANIES REACH DEBT-RESTRUCTURING DEALS 

Three oil and gas companies reached deals with creditors to quickly slash hundreds of millions of dollars of debt in chapter 11 so they will be ready when energy prices recover.

CATHOLIC HEALTH INITIATIVES, DIGNITY HEALTH IN MERGER TALKS 

Hospital operator Catholic Health Initiatives, which has struggled after rapid expansion and a foray into health insurance, is in merger talks with Dignity Health to create one of the nation's largest nonprofit hospital system by revenue.

CIT GROUP HIRED BOSTON CONSULTING TO REVIEW ITS OPERATIONS 

CIT Group Inc. has hired an outside consultant to help it figure out how to make the most of its remaining operations following an agreement to sell its commercial air-leasing operations.

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.

KIMBERLY-CLARK IS BRACING FOR MORE QUARTERS OF SLUGGISH SALES 

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

HIGHLAND CAPITAL INVESTORS ALLEGE WRONGDOING IN LONG-CLOSED HEDGE FUNDS 

Investors in two hedge funds Highland Capital Management closed in 2008 say they are still owed hundreds of millions of dollars, and are suing the firm to recover the money.

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.

SYNGENTA AND CHEMCHINA MISS EU DEADLINE FOR ANTITRUST REMEDIES 

Syngenta and China National Chemical didn't submit proposed remedies to resolve the EU's potential antitrust concerns about their planned merger by Friday's deadline, sending shares of the Swiss company lower.

TRIBE SEEKS U.S. REVIEW OF PIPELINE PROTEST ENFORCEMENT 

The head of the Standing Rock Sioux tribe urged the Justice Department to investigate the tactics used by police in North Dakota against protesters of an oil pipeline.

GERMANY WITHDRAWS APPROVAL OF CHINESE TAKEOVER OF AIXTRON 

Germany's government has withdrawn its approval of a $729 million Chinese takeover of Aixtron, the company said, the latest sign of government alarm about a wave of Chinese takeovers.

LUXOTTICA SALES RISE, HELPED BY EUROPE 

Italy's eyewear firm Luxottica said third-quarter sales grew 3.2% compared with the same period last year to reach €2.2 billion ($2.4 billion), as Europe and Latin America supported growth.

 
 
 
  ======= 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.

 
Ahead of the Tape 
APPLE GETS POLISHED AHEAD OF RESULTS 
 

Investor sentiment toward Apple has improved ahead of Tuesday's earnings report even as a key streak is poised to snap.

(END) Dow Jones Newswires

October 24, 2016 17:23 ET (21:23 GMT)

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