Dow Jones Top Company Headlines at 3 PM ET: Lockheed Martin to Quadruple Thaad Missile-Defense Output | Home ...

Lockheed Martin to Quadruple Thaad Missile-Defense Output

Lockheed Martin said it will quadruple its Thaad missile-defense system output, to roughly 400 interceptors a year, in response to demand from Pentagon officials gearing up for conflicts on multiple fronts.

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Home Depot Cuts 800 Jobs, Orders Corporate Workers Back to Office Full Time

The company said the layoffs affected fewer than 150 roles based at its Atlanta headquarters, and the rest worked remotely.

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Waymo Robotaxi Hits Child Near Elementary School, Prompting NHTSA Investigation

The National Highway Traffic Safety Administration said that the child ran across the street from behind a double-parked SUV before being struck by the autonomous vehicle, sustaining minor injuries.

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SAP Shares Slump After Cloud Backlog, Guidance Disappoint

SAP shares plunged after the German business-software group's cloud backlog and sales guidance disappointed investors.

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Southwest Now Charges for Seats. Next Stop: Quadrupling Profit

The airline says its new economic model is critical to catch industry rivals, even if passengers have to pay more.

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Dow to Cut 4,500 Employees in AI Overhaul

As part of a cost-saving program, the chemicals giant will lean on artificial intelligence to increase productivity.

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Comcast's Broadband Subscriber Slump Persists

Comcast's trend of losing broadband customers continued in the fourth quarter as its wireless business posted higher revenue, despite adding fewer customers than Wall Street expected.

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Caterpillar Sales Jump, Fueled by Power & Energy for Data Centers

Caterpillar logged a jump in sales in the fourth quarter, boosted by strength across all three of its primary segments.

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Mastercard to Cut 4% of Full-Time Employees After Business Review

The company is the latest of several to announce plans for sweeping job cuts in recent days.

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First Brands Founder Patrick James Indicted on Fraud Charges

Federal prosecutors charged the auto-parts tycoon with defrauding lenders to his now-bankrupt company.

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International Paper Splitting in Two

International Paper said it was splitting into two publicly traded companies - keeping its brand for North American operations and creating a new company for Europe, Middle East and Africa operations.

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Honeywell Posts Higher Sales, Will Spin Off Aerospace Unit Sooner Than Expected

Honeywell International's profit fell in the fourth quarter, hurt by charges tied to its settlement earlier this month with private-jet operator Flexjet, but sales climbed on continued demand.

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PulteGroup Profit Sinks as Consumer Worries Hurt Homebuying Demand

PulteGroup posted lower fourth-quarter profit as weak consumer sentiment continued to hurt home sales.

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Altria Profit Falls as Cigarette Sales Decline

Altria reported lower fourth-quarter profit as cigarette shipment volume declined, dragging down its smokeable product business.

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Royal Caribbean Profit Rises as Onboard Spending Increases

Royal Caribbean reported higher fourth-quarter profit and revenue as customers continued to spend more for onboard services.

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Carlyle Edges Ahead in Race for Lukoil's International Assets

The private-equity firm agreed to a provisional deal for the sanctioned Russian energy giant's overseas oil fields and gas stations.

(END) Dow Jones Newswires

January 29, 2026 15:15 ET (20:15 GMT)