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. 


 
Dunkin' Closes Stores as Deal Talks Continue

The coronavirus pandemic has hit breakfast chains hard, prompting strategy changes. 


 
DuPont Beats Forecast as China Leads Global Recovery

Third-quarter sales and earnings exceeded Wall Street estimates. Sales in China rose 14% year over year and 10% from the second quarter. 


 
Fannie Mae Earnings Rise on Mortgage Refinance Boom

The mortgage-finance giant reported a sharp increase in earnings during the third quarter amid a refinancing boom that has buoyed the U.S. mortgage market. 


 
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 Soar at Brewers of Budweiser, Miller Lite

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. 


 
Leon Black Offers More Details on Ties to Jeffrey Epstein

Leon Black, the billionaire chief executive of Apollo Global Management, offered his most detailed public account yet of his ties to the late financier Jeffrey Epstein, a relationship that sparked renewed concern recently among his firm's shareholders and fund investors. 


 
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.

(END) Dow Jones Newswires

10-29-20 1115ET