- McDonald's reported pre-bell Q3 adjusted earnings and revenue that outpaced market forecasts.
- Pfizer updated its full-year 2024 outlook, projecting adjusted earnings per share of $2.75 to $2.95 and revenues in the range of $61 to $64 billion, buoyed by robust vaccine demand and its oncology business.
- PayPal delivered earnings that surpassed expectations and upgraded its EPS outlook, though revenue figures fell short of consensus estimates.
- Ford revised its adjusted EBIT forecast for 2024 downwards.
- Royal Caribbean reported Q3 results that exceeded expectations and lifted its full-year profit guidance, capitalizing on higher prices and booking levels.
- DR Horton experienced a notable decline in share price, attributed to earnings that did not meet expectations and a cautious stance from buyers due to elevated interest rates.
- VF Corp, the parent company of brands such as Vans and North Face, announced earnings that beat projections, with its shares climbing by 18%.
- CVR Energy and TransMedics Group both disclosed earnings that fell short of expectations, prompting significant stock price declines.
- Boeing initiated a capital raise at $143 per share, a modest discount to the prior day's closing price of $150.69.
- Apple introduces generative AI capabilities across its device ecosystem.
- A Brazilian institute has filed a lawsuit against social media conglomerates, particularly Meta, demanding $525 million for excessive use by minors.
- Estee Lauder has named insider Stéphane de La Faverie as CEO, reports the Wall Street Journal.
- FactSet Research Systems has completed the acquisition of the investor relations management platform Irwin.
- AbbVie has finalized the purchase of Aliada Therapeutics for $1.4 billion, bolstering its neuroscience division.
- Novartis reports an uptick in third-quarter net income and sales, leading to an upward revision of its guidance.
- HSBC's third-quarter profit surges by 10%, surpassing estimates, and announces new share repurchase initiatives.
- BP Plc's third-quarter earnings decline to $2.3 billion but still exceed market expectations.
- Antitrust scrutiny of BBVA's proposal to acquire Banco de Sabadell may face an extended review period, per regulatory sources.
- Banco Santander's third-quarter net income rises by 12%.
- Adidas sees an increase in third-quarter sales within China, while Groupe Bruxelles Lambert trims its holding in the German sportswear firm to 3.51%.
- Straumann's revenue growth is propelled by robust demand in the Asia-Pacific region.
- Fortum reports an adjusted Ebitda that surpasses analysts' expectations.
- Clariant's quarterly profit falls short of market predictions.
- Covestro adjusts its earnings outlook downward.
- Lufthansa's profits dip as anticipated.
- Baloise divests its Friday insurance portfolio.
- Employees at Porsche AG partake in the broader strike movement across major German industries.
- Rheinmetall and Croatian enterprise DOK-ING plan to establish a joint venture focused on unmanned military vehicles.
- Galp exhibits caution in committing to a lithium refinery investment alongside Northvolt.
- Centamin shareholders give the green light for the acquisition by AngloGold Ashanti.
- Nippon Paint Holdings acquires coatings and resins manufacturer AOC for $2.3 billion.
- LG Chem's shares drop by 7% following a revenue downturn.
- Bharti Airtel boosts profits in its fiscal second quarter.
Today's main earnings reports: Alphabet, Visa, AMD, McDonald's, Pfizer, Stryker, Chubb, American Tower Corporation, Mondelez, PayPal, Chipotle Mexican Grill, Ecolab, DR Horton, Phillips 66, Super Micro Computer, Electronic Arts, Keyence Corporation, China Petroleum, Mitsui, Maruti Suzuki India, Haier Smart Home, Adani Enterprises, Novartis, HSBC Holdings, BP Plc, Banco Santander, Adidas, Saint-Gobain, ASM International, Ferrovial, Straumann, UPM-Kymmene, Moncler, OMV AG, Fortum, Wärtsilä, Covestro, Davide Campari-Milano...