Dow Jones Top Company Headlines at 1 PM ET: Pfizer Raises Forecast on Momentum With New Products | Foodtastic ...

Pfizer Raises Forecast on Momentum With New Products

Pfizer boosted its guidance for the year, citing momentum in newly-launched and acquired products that helped offset declining sales for its Covid-19 vaccine and treatments.

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Foodtastic Makes Hostile Bid for Rival MTY Food After Being Rejected

Canadian restaurant franchisor Foodtastic launched a hostile bid for MTY Food valuing its rival at roughly 982 million Canadian dollars, the equivalent of about US$702 million.

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Yum Says Taco Bell Sales Are Improving After Cyclospora Outbreak Fallout

Taco Bell has been outpacing the broader quick-service restaurant industry since the end of September, Yum! Brands Chief Executive Chris Turner said.

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Carl Icahn's CVR Energy Strikes $4 Billion Deal for Two Marathon Refineries

The deal comes as global conflicts have boosted U.S. refiners' sales.

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Unilever Eyes $1.1 Billion in Savings as It Plans Leaner Future Away From Food

The consumer-goods group will outline plans at an investor event Wednesday to save 1 billion euros by the end of 2029 by recuperating some costs and overhauling operations.

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Shopify Squeezed by AI Compute Costs, Pre-Holiday Infrastructure Buildout

The ecommerce company's third-quarter results and holiday guidance signaled mounting cost pressure from artificial-intelligence compute and infrastructure buildout costs.

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Apollo Global Swings to a Loss on Investment-Related Losses

The alternative asset manager reported a third-quarter net loss attributable to common stockholders of $1.06 billion, or $1.78 a share, compared with net income of $1.71 billion, or $2.78 a share, a year earlier

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Saudi Aramco Profit Surges, Offering Some Relief to Kingdom's Finances

The state-owned energy giant attributed the boost to higher crude volumes sold from maintaining consistent production, as well as higher prices of refined and chemical products.

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DuPont Swings to a Profit and Lifts Outlook

DuPont swung to a third-quarter profit of $123 million, or 91 cents a share, from a loss of $123 million, or 88 cents a share, a year earlier.

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Keurig Dr Pepper's Coffee Business Remains Challenged

The beverage company reported a higher third-quarter profit attributable to common shareholders of $810 million, even though its coffee business is taking longer than expected to recover.

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Lufthansa Turns Cautious on Outlook as Fuel Costs Weigh

The German airline faced increased fuel prices since the summer, but said strong demand and cost discipline lifted its profit in the third quarter.

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Bayer Shares Jump After Pharma Recovery Prompts Outlook Raise

The German group said the recovery in its pharma business allowed it to mitigate market pressures at its agricultural and consumer-health divisions.

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Thomson Reuters Quarterly Profit Falls After Year-Earlier Gain

Thomson Reuters logged a drop in earnings in the third quarter after a year-ago boost from an asset sale and as it was squeezed by higher amortization of software.

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Ferrari Lifts Guidance Again on Strong Demand for Customizations

The company-which also lifted expectations in July-said it was benefiting from stronger personalizations than initially expected and a ramp up of newer model deliveries.

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OpenAI Hires Former Army Secretary Dan Driscoll to Cybersecurity Role

Driscoll will advise on ways AI could bolster U.S. security capabilities and cyber defenses, the company said.

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AB Foods' Revenue Rises Despite Sugar, Grocery Pressure

The U.K. conglomerate booked full fiscal year revenue of $26.25 billion, with its retail business posting sales growth of 2%.

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Schaeffler to Cut Further 3,460 Jobs in Europe as Auto Industry Deteriorates

The German auto industry supplier said that the environment is persistently challenging, with the overall market deteriorating and competition intensifying.

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Bosch to Set Up Semiconductor Division to Cash in on Soaring Demand for Chips

The German group said it is betting on a new structure to better capitalize on surging demand for chips to power data centers and humanoid robots.

(END) Dow Jones Newswires

November 03, 2026 13:15 ET (18:15 GMT)