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Ahead of this week's packed lineup of economic reports, the stock market has taken a slight dip at the opening bell. In company news, here are some stocks to watch today:

  • McDonald's Corporation (NYSE:MCD) reported its third-quarter earnings increased 4.6% to $1.52 billion, or $1.52 per share, beating the average, per-share analyst estimate by a penny. Likewise, revenue grew 2.4% to $7.32 billion -- slightly shy of Wall Street's expectations for sales of $7.34 billion. (MarketWatch)

  • The Federal Housing Finance Agency (FHFA) is seeking a minimum of $6 billion from Bank of America Corp (NYSE:BAC), due to its alleged role in the housing meltdown. Specifically, the housing regulator is in private negotiations with BAC, which the agency claims sold defective mortgage bonds to government-sponsored enterprises Fannie Mae and Freddie Mac. (Bloomberg)

  • JPMorgan Chase & Co. (NYSE:JPM) has come to a tentative $13 billion settlement with the U.S. Department of Justice for the bank's sale of faulty mortgage securities to investors from 2005 through 2007. The deal is higher than initially estimated, but still does not clear JPM from the potential criminal charges it faces for the mortgages that it packaged into bonds and sold. (Huffington Post)

  • Crown Castle International Corp. (NYSE:CCI) reached an agreement with AT&T Inc. (NYSE:T) to buy 600 wireless communication towers and to operate another 9,100 for an average term of nearly 30 years each. The initial deal is valued at $4.85 billion in cash, and includes the option to purchase the leased towers for another $4.2 billion later. (Reuters)

  • According to The Wall Street Journal, unit sales of the Nokia Corporation (ADR) (NYSE:NOK) Lumia hit an all-time high of over eight million for the second quarter, which ended Sept. 30. This is the fourth quarter in a row that Lumia sales have grown, and is an especially positive development ahead of tomorrow's scheduled six-device product launch, which includes NOK's first tablet. (The Verge)

  • Apple Inc. (NASDAQ:AAPL) issued a recall on several models of MacBook Air laptops, due to defective flash-storage drives. In conjunction, the Cupertino, Calif.-based firm launched the MacBook Air Flash Storage Drive Replacement Program to address the issue -- which affects computers sold from June 2012 through June 2013 -- at no cost to the customer. (Mashable)

  • American Express Company (NYSE:AXP) is now allowing rewards points to be applied toward certain New York City cab fares. Specifically, AXP card holders riding in taxis that run on VeriFone Systems Inc (NYSE:PAY) payment systems can simply swipe their cards as usual, then select "Use Points" to deduct from their rewards balance. (TechCrunch)

  • Finally, several consumer advocacy groups have teamed up to run a full-page ad in Variety, asking Katy Perry to stop endorsing PepsiCo, Inc. (NYSE:PEP), since it encourages poor lifestyle choices. Michael Jacobson, executive director of the Center for Science in the Public Interest, said Perry is only the first of several celebrities the campaign plans to target. (USA Today)

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