GE's Profits Rise but Sales Miss Forecasts

Revenue increased in the company's jet engine business as travel rebounded from the start of the pandemic, but sales declined in its healthcare business from supply-chain shortages.

 
UPS Revenue Rises as It Ships Fewer Packages

The delivery company's strategy has focused on moving packages and courting customers that generate stronger sales and profit.

 
UBS Earnings Driven Higher by Fees From Wealthy Clients

UBS Group said fees from wealthy clients soared in the third quarter and its investment bank also reaped more revenue.

 
Microsoft Earnings Likely to Show Strong Growth From Cloud Usage

The company's Azure cloud-computing service is but one of its businesses to benefit from the turn to remote work and schooling during the pandemic.

 
Mucinex Owner Sees Surge in Demand as Colds, Flu Return

Reckitt Benckiser said demand for its cold and the flu products was picking up as social distancing eases, helping it report stronger quarterly sales and raise its guidance for the year.

 
Eli Lilly Earnings Miss Estimates. But Raised Guidance Lifts Stock.

The drug giant boosts its full-year earnings and sales forecast despite missing profit estimates.

 
3M's Earnings Were Good, but Not Good Enough

Both per-share profits and sales were better than expected, but investors don't like management's financial forecasts.

 
Raytheon's Earnings Impress but Sales Miss. The Stock Is Rising.

The aerospace and defence giant raised its outlook for full-year profit, but said sales are expected to come in at the low end of its expected range.

 
Google Poised to Ride Hot Ad Market to a Record Quarter

The search giant's revenue growth is projected to be its highest in 14 years, as smaller businesses pour money into digital ads.

 
FDA Panel to Review Pfizer's Covid Shot in Young Children

Experts advising the Food and Drug Administration are scheduled to meet to consider endorsing the Covid-19 vaccine from Pfizer and BioNTech for use in young children.

(END) Dow Jones Newswires

October 26, 2021 09:00 ET (13:00 GMT)

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