Markets were on a wild ride yesterday as they swung more than 2% intraday. The Dow Jones industrial moved almost 1000 points from its high to its low of the day. Remember volatility is normal even though October has really been extraordinary in its ups and downs. Well diversified long-term investors should not be concerned. (Yahoo Finance)
The once great General Electric is under more pressure. The integrated company slashed its dividend to one cent per share. (SeekingAlpha)
Coca-Cola’s diet soda sales grew by double digits last year boosting the company’s profit on the bottom line. Increased sales were led by the new Coca-Cola Zero Sugar brand. (CNBC)
Just 56 days till Christmas and Walmart, is expecting its best Christmas shopping season ever. The company will be rolling out the “check out with me” option at all stores on Black Friday. This new mobile app will also include a store map. For you thrifty shoppers Walmart won’t be matching Target to give free two day shipping with no minimum purchase required. (CNBC)
With Northwest Quadrant Wealth Management, a Registered Investment Advisor I am Troy Reinhart.