AbbVie Boosts Earnings Guidance

AbbVie raised its outlook for the year and posted higher sales in the pharmaceutical company's first earnings report since its megamerger with Shire fell apart.

Chevron Profit Up on Refining, Marketing Strength

Chevron said its third-quarter profit increased 13% to $5.59 billion, or $2.95 a share, on asset sales and strength in the refining, marketing and chemical segment, despite lower revenue and production.

Sony Posts Hefty Loss

Booming sales of Sony's PlayStation 4 videogame console and of camera sensors for smartphones offset weakness in the company's own mobile division, resulting in a less-than-expected net loss of $1.22 billion for the summer quarter.

CBOE Profit Rises 17% as Trading, Fees Increase

CBOE Holdings said its profit for the most recent quarter rose 17% to $48.1 million, or 57c a share, as trading activity picked up, along with fees. Profit topped analysts' expectations, but revenue fell just shy of them.

Spain Delays Aena Stake Sale

The Spanish government said it would delay until January the partial sell-off of the state airport operator Aena that had been touted as the biggest privatization deal in Europe this year.

Omega Healthcare to Buy Aviv REIT

Omega Healthcare Investors has agreed to buy Aviv REIT in an all-stock deal that values the company at about $1.65 billion, further consolidating the fragmented skilled-nursing facility sector.

Dollar General Extends Family Dollar Tender Offer

Dollar General said it is extending its $80-a-share tender offer to buy Family Dollar Stores by two months until Dec. 31, as the offer remained well undersubscribed.

BNP Paribas Profit Lifted by Investment Bank

BNP Paribas reported an 11% jump in third-quarter net profit, buoyed by its investment banking business as the French bank climbs back from hefty losses caused by a U.S. fine in June for sanctions violations.

Exxon Posts Higher Earnings

Exxon Mobil's 3Q earnings rose 2.5% to $8.07 billion, or $1.89 a share, on revenue of $107.5 billion, as higher refining margins and improvements at refining and marketing segment helped offset lower production. Shares rose 1% premarket as results topped estimates.

RBS Takes Provision to Cover Forex Probes

Royal Bank of Scotland says it set aside $640 million to cover potential fines for the alleged manipulation of foreign-exchange rates, as the British bank swung to a third-quarter net profit.

Dominion Earnings Fall Due to Warm Weather

Dominion Resources said its third-quarter earnings fell to $529 million, or 90 cents a share from $569 million, or 98 cents a share a year earlier, dented by a season of milder-than-usual weather.

Altice About to Join Competition to Buy PT Portugal

Telecom company Altice is set to make a firm offer to buy PT Portugal from its Brazilian owner, according to people familiar with the matter, as competition heats up for the Portuguese unit valued at over EUR6 billion.

Oi, Telefónica, América Móvil Advance on TIM Buy

Three telecommunications companies operating in Brazil, Spain's Telefónica SA, Mexico's América Móvil SAB and Brazil's Oi SA, agreed to join forces to make an offer to acquire Telecom Italia SpA's local unit, Tim Participações.

Apple Warns On Change To Irish Tax

Apple Inc. has informed its shareholders that it could be subject to changes in its tax rates as new international tax legislation comes into effect.

Brazil's AmBev Profit Rises

AmBev, the brewer of beer brands such as Skol and Brahma, said its profit increased in its third quarter, as lower debt service costs helped offset tepid sales.

HTC Sees Brighter Fourth-Quarter

HTC Corp. predicted sales would at least stay flat in the fourth quarter after three years of decline, expecting revenue of 43 billion New Taiwan dollars to NT$47 billion and to remain profitable for the third straight quarter.

Hilton Worldwide Profit Falls, Outlook Rises

Hilton Worldwide Holdings' 3Q profit edged down to $183 million, or 19c a share, from $200 million a year ago, on higher expenses, but the hotel operator raised its outlook for the year on strong revenue and occupancy rates.

Intesa Sanpaolo Rules Out Rescuing Monte dei Paschi

Intesa Sanpaolo CEO Carlo Messina has ruled out rescuing crippled lender Banca Monte dei Paschi di Siena, which has to plug a EUR2.1 billion capital shortfall identified by European regulators.

AB InBev Hit by Weakness in U.S., Russia, Ukraine

Anheuser-Busch InBev reported that weakness in the U.S., Russia and Ukraine weighed on sales volumes in the third quarter, even as cost cuts and strong sales elsewhere boosted profit.

Australia Urges China to Reshape Asia Bank Plan

Australia urged China to reshape its proposal for a $50 billion Asian bank, arguing the plan to create a new regional lender would likely win more support if Beijing was willing to loosen its grip over the institution and ensure more transparency.