Dow Jones Top Company Headlines at 11 AM ET: Wendy's Rejects $1.4 Billion Buyout Offer from Nelson Peltz's Trian | Zipline ...

Wendy's Rejects $1.4 Billion Buyout Offer from Nelson Peltz's Trian

Wendy's rejected an offer from Nelson Peltz's hedge fund Trian Fund Management to buy the fast-food chain for around $1.4 billion. The rebuffed offer came as Wendy's reported lower third-quarter profit and revenue.

----

Zipline Reaches $21.5 Billion Valuation as Drone Delivery Gains Traction

Chief Executive Keller Cliffton, who co-founded Zipline in 2014, said the company's skyrocketing valuation is a sign that autonomous delivery has finally gained wider acceptance among both investors and commercial partners.

----

Kimberly-Clark Backs Full-Year Growth Forecast Despite China Controversy

The consumer-products company said organic growth in its international personal care segment declined 4.6% in the latest quarter while operating profit fell 33%, including a 17 percentage point drag from China.

----

Amazon, Uber Partner on Restaurant Delivery as Competition Intensifies

The partnership further entwines Amazon and Uber's businesses, and comes as both companies face the threat of a much bigger delivery competitor after DoorDash said last week it plans to acquire Instacart for $17 billion.

----

Toyota Lifts Earnings Forecast; Stock Posts Biggest Gain in 39 Years

Operating profit climbed 34% thanks to a weaker yen and cost reduction despite disruptions caused by the Middle East conflict.

----

Cigna Group Lifts Outlook as Revenue Climbs

The healthcare company reported a third-quarter profit of $1.44 billion, or $5.47 a share, compared with $1.87 billion, or $6.98 a share, a year earlier.

----

Rockwell Automation Profit Rises, Issues Fiscal Year Outlook

The industrial automation and digital software company said net income jumped to $346 million, or $3.11 a share in the fourth quarter, from $138 million, or $1.23 a share, in a year ago.

----

Johnnie Walker Maker Diageo Warns U.S. Turnaround Will Take Time

Spirits group Diageo said efforts to turn around performance in the U.S. will take time, as some of its biggest labels continue to sell poorly among American drinkers.

----

ConocoPhillips Profit Rises as Oil Prices Climb

The oil and natural-gas company posted a third-quarter profit of about $4 billion, or $3.34 a share, compared with $1.73 billion, or $1.38 a share, a year earlier.

----

Papa John's Cuts Outlook Again as Quarterly Sales Sink

Papa John's once again cut its full-year outlook and logged lower quarterly sales, as its turnaround drags on longer than expected and a challenging consumer environment continues to pressure results.

----

Bombardier Raises Free 2026 Cash Flow Outlook as Profit Slips

For its third quarter, the business-jet maker logged a decline in net income to $81 million, or 73 cents a share, compared with $85 million or 77 cents, a year earlier.

----

Six Flags Loss Narrows but Accident Seen Weighing on Results

The theme-park operator posted a third-quarter loss of $366.1 million, or $3.59 a share, for the quarter ended Sept. 27, narrower than $1.19 billion, or $11.77 a share, a year earlier.

----

Canada Goose Loss Widens as Higher Costs Weigh Down Results

Canada Goose Holdings posted a wider second-quarter loss as marketing and retail expansion costs ramped up ahead of the holiday season.

----

Molson Coors Cuts Outlook, Expects Soft Beer Demand to Continue

Molson Coors Beverage cut its full-year guidance as it expects the economic environment to continue weighing on beer demand in the current quarter.

----

Sony Boosts Guidance as Profit Jumps on 'Spider-Man' Hit, Game Strength

The company has spent billions of dollars on acquisitions in recent years to beef up its entertainment content.

----

China Blocks $5.4 Billion SoftBank Robot Deal, Flexing Control Over AI Tech

Beijing is seeking to keep AI data and expertise developed at home from leaking abroad.

----

Emirates Airline Profit Falls After Iran War Disrupts Air Traffic

Dubai's flagship carrier posted a sharp drop in first-half profit after the Iran war disrupted flight routes and pushed up the price of jet fuel.

----

Maersk Shares Tumble After Earnings, Guidance Disappoint

The Danish company said severe typhoons in East Asia and the disruption to shipping from the Strait of Hormuz closure caused widespread network congestion.

----

Air France-KLM Shares Jump After Strong Profit Eclipses Rising Fuel Bill

The Franco-Dutch carrier group reported strong profitability, showing that it can contain costs despite tensions in the Middle East keeping fuel prices elevated.

----

Siemens Healthineers to Rebrand as Healthineers as Diagnostics Carve-Out Begins

The medical-technology company will drop Siemens from its name as it advances toward a spinoff from its parent group.

----

How the Data Center Backlash Could Play Into the Hands of Big Tech

Giants like Amazon and Microsoft stand to benefit from a shakeout.

----

ArcelorMittal Says Europe's Steel Tariffs Are Boosting Profits

Europe's largest steelmaker booked a 34% surge in earnings before interest, taxes, depreciation and amortization over the third quarter of the year.

(END) Dow Jones Newswires

November 05, 2026 11:15 ET (16:15 GMT)