British Airways parent, International Consolidated Airlines Group, raised its full-year earnings guidance as a turnaround at its Spanish unit Iberia spurred a 30% rise in operating profit in the third quarter.
Ford Motor said it is encouraged by data it has collected on the initial interest in the updated version of its F-150 pickup truck, which carries costly fuel-economy improvements.
Madison Square Garden Co. said its revenue increased 12% in the latest quarter, benefiting from strength at its entertainment and sports segments and a gain from the sale of the Fuse network.
Nucor Corp. is in talks to invest in Cliffs Natural Resources Inc.’s Bloom Lake iron ore mine in Canada.
Following several years of heavy losses and restructuring that cost thousands of jobs, the electronics giant now says it is ready to spend more on growth through acquisitions and alliances.
Exxon and Chevron reported surprising profit growth, despite gloomy market conditions, boosted by their refining divisions that have lost favor with some smaller peers.
HTC said it expects sales to at least stay flat in the fourth quarter after three years of decline, and predicted an increase in handset shipments as well as continued profitability.
Wal-Mart is testing a program to match online prices from rivals like Amazon this holiday season, a move that could make the discounter more competitive but cut into profits.
The sharp drop in Samsung’s mobile-phone business raises the question: Will Chinese companies soon rule the smartphone market?