Boeing said its earnings increased, buoyed by continued strong demand for the aerospace giant’s jetliners. Results easily outpaced market estimates, and the company again raised its earnings guidance for the year.
Interpublic Group said its third-quarter earnings nearly doubled as revenue grew in both the domestic and international markets
GlaxoSmithKline’s third-quarter earnings managed to beat analysts’ expectations, even while sales fell 10%.
General Dynamics Corp.’s third-quarter earnings increased 7% as the defense contractor reported strong growth in its aerospace and marine systems divisions.
Northrop Grumman reported a 5% decrease in third-quarter earnings as the defense contractor works to reduce its pension costs.
Biogen Idec said sales of its multiple-sclerosis treatment Tecfidera more than doubled in the latest quarter, helping drive a 37% surge in overall revenue.
Xerox Corp. said its revenue edged down 2.2% in the latest quarter as its document-technology business revenue continued to decline.
Ingersoll-Rand PLC said its profit surged 76% as revenue grew, while the company tightened its earnings outlook for the year.
Dow Chemical Co., which has been selling off assets and streamlining its operations, said its profit rose as sales thrived across the company’s segments.
Total named refining and chemicals head Patrick Pouyanné as its new chief executive, following the sudden death of Christophe de Margerie in a Moscow plane crash.