Kraft Heinz Draws Customers Back to Familiar Brands
The food maker said higher grocery demand during the coronavirus pandemic is setting the company up to exceed sales expectations for next year.
Comcast Burdened by Covid-19's Impact on Theme Parks
Limited traffic at theme parks and movie theaters during the recent quarter was partly offset by a record number of broadband-subscriber sign-ups.
Airbus Stems Cash Losses, Warns of Delayed Recovery
The world's largest plane maker stemmed an outflow of cash as it learned to navigate an industry reeling from the pandemic, but also said the aviation market's recovery would start later than initially forecast.
Yum Brands 3Q Profit Lifted; Revenue Beats Expectations
The restaurant company behind Taco Bell, KFC and Pizza Hut reported net income of $283 million, or 92 cents a share, up from $255 million, or 81 cents a share a year ago.
Online Beer Sales, Drinking at Home, Boosts Budweiser Brewer
Homebound drinkers bought more beer online and at supermarkets, boosting organic sales at AB InBev and cushioning the revenue lost at restaurants and bars amid Covid-19 restrictions.
Apollo Earnings Fall as CEO Wrangles With Jeffrey Epstein Ties
Apollo Global Management reported lower third-quarter earnings Thursday as the firm's Chief Executive Leon Black prepares to confront renewed speculation about his ties to the late financier Jeffrey Epstein.
Shell Tries to Woo Investors With Dividend Raise, Promise of Future Payouts
Shell reported a small profit, raised its dividend and said it planned to increase shareholder payouts, offering an upbeat assessment of its ability to weather the pandemic-inspired demand shock that has kept oil prices weak.
LVMH Saves Face but Little Money
After a high-profile war of words, the French luxury group got a modest 2.6% cut to the price it originally offered for U.S. jeweler Tiffany.
Spotify Recovers From Early-Pandemic Slump
Spotify moved past a slump that hit early in the pandemic, as customers collectively spent more time listening to the service than before Covid-19 shutdowns.
Carlyle Earnings Climb on Strong Growth in U.S., Asia
Carlyle Group's third-quarter earnings jumped as the value of investments in some of the firm's U.S. and Asia buyout funds posted strong appreciation.
(END) Dow Jones Newswires