Lyft Picks Underwriters for Offering 
 

Ride-hailing firm Lyft recently selected underwriters for an IPO that is likely to take place in the first half of 2019. The firm's valuation is expected to top the $15.1 billion it was valued at earlier this year.

 
Goldman Sachs, Morgan Stanley Show Wall Street Charging Ahead 
 

Goldman Sachs and Morgan Stanley both reported sharply higher third-quarter profits Tuesday, wrapping up a week of big-bank earnings reports that reflect the strength of a U.S. economy shrugging off geopolitical turmoil.

 
Federal Judge Approves Musk, Tesla Settlements With SEC 
 

A federal judge approved settlements between Elon Musk, Tesla and securities regulators over the chief executive's August tweet saying he had secured funding to take the auto maker private.

 
Uber Proposals Value Company at $120 Billion Ahead of Possible IPO 
 

The ride-hailing company recently received proposals from banks valuing it at as much as $120 billion in an initial public offering that could take place early next year.

 
Blue Apron Refinances Debt 
 

Blue Apron Holdings, the meal-kit delivery company that has fallen short of investor expectations, last week refinanced its long-term debt, extending the maturity date to February 2021 from August 2019.

 
Encouraging Test Results for Health-Care Giants 
 

Third-quarter results from Johnson & Johnson and UnitedHealth suggest a strong health-care earnings season.

 
Nomura to Pay $480M Civil Penalty in Connection with RMBS 
 

Nomura Holding America agreed to pay a $480 million penalty to resolve federal civil claims that it misled investors in connection with the marketing, sale and issuance of residential mortgage-backed securities between 2006 and 2007, the Justice Department said.

 
Google Will Charge Phone Makers to Pre-Install Apps in Europe 
 

Alphabet's Google will start charging device manufacturers fees to pre-install Google apps on devices running the company's Android operating system in Europe.

 
Omnicom Gets a Boost from Increase in Client Spending 
 

Advertising giant Omnicom Group reported better-than-expected earnings, easing investor concerns over the advertising industry's ability to weather technological disruption.

 
BlackRock Posts First Investor Outflow in Three Years 
 

Investors pulled cash from BlackRock for the first time in three years, the latest sign of investor unease about the direction of global markets.

(END) Dow Jones Newswires

October 16, 2018 15:00 ET (19:00 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.