Industrials Up on Earnings Optimism — Industrials Roundup

Shares of industrial and transportation companies rose amid optimism about earnings.

Lockheed Martin shares rallied after analysts at brokerage Morgan Stanley boosted their rating on the defense contractor, citing growth potential.

State chemicals and manufacturing company Saudi Basic Industries Corp reported an increase in third-quarter net profit despite shipping disruptions weighing on sales volumes.

FedEx hired Jamere Jackson, the financial chief of auto-parts seller AutoZone, as its new chief financial officer.


Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

October 26, 2026 17:49 ET (21:49 GMT)

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