Coca-Cola's Revenue Falls, Hurt By Away-From-Home Channels 
 

Revenue fell in the third quarter as the company continued to see pressure from its sales to restaurants, bars, movie theaters and other public venues.

 
Northrop Grumman Posts 3Q Sales, Profit Growth 
 

Northrop Grumman posted a larger profit and stronger revenue year over year in the latest three-month period, led by growth in the company's aeronautics division.

 
Kimberly-Clark Misses 3Q Adjusted Profit Expectations 
 

Kimberly-Clark reported net income of $472 million down from $671 million or the year-earlier period. An adjusted profit for the quarter of $1.72 a share missed expectations from analysts by 4 cents.

 
Google's Foes Want Additional Enforcement Actions 
 

The Justice Department's lawsuit against Google is the government's biggest challenge to U.S. technology companies in a generation. For many of the company's longtime adversaries, it isn't big enough.

 
Sun Life Financial to Buy Majority Stake in Crescent Capital 
 

The Canadian insurer will pay up to $338 million for a 51% stake in private-credit fund manager Crescent Capital, as it seeks to expand its alternative investments arm.

 
Pandemic Buying Patterns Drive Unilever Sales in North America 
 

Unilever said American shoppers are still stocking up on its hand sanitizer and condiments such as Hellmann's mayonnaise, as they weather the ebb and flow of the coronavirus pandemic by washing their hands, staying home more and cooking for themselves

 
AT&T Pinched by Cord-Cutting and Closed Theaters 
 

AT&T's legacy television business continued to lose customers during the third quarter while its movie business was sapped by the pandemic and new media bets struggled to gain steam.

 
Goldman Fined $350 Million by Hong Kong Regulator Over 1MDB Scandal 
 

A Hong Kong regulator fined a local unit of Goldman Sachs Group $350 million for the investment bank's role in a multibillion-dollar scandal involving Malaysian investment fund 1MDB.

 
Valero Swings to 3Q Loss Amid Refining Challenges 
 

Valero Energy logged a loss as the coronavirus pandemic continued to weigh on fuel markets. On an adjusted basis, Valero's loss was $1.16 a share versus analysts' projection of an adjusted loss of $1.49 a share.

 
Covid-19 Vaccine Makers to Face Challenges When Recognizing Revenue 
 

Stockpiling, complex federal contracts and uncertainty around future demand could make accounting for Covid-19 vaccine sales tricky for drugmakers.

(END) Dow Jones Newswires

October 22, 2020 09:00 ET (13:00 GMT)

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