Core Insights - Phillips 66 exceeded Wall Street profit expectations for the third quarter, driven by robust refining margins [1] Company Performance - The company reported strong refining margins that contributed significantly to its profitability [1] Financial Highlights - The third-quarter profit surpassed analysts' forecasts, indicating a positive financial performance for Phillips 66 [1]

Eli Lilly and Walmart said on Wednesday they are partnering to expand access to single-dose vials of Lilly's weight-loss drug Zepbound, which will be offered for pick-up at Walmart pharmacies nationwide by mid-November. ...

Online marketplace Etsy named insider Kruti Goyal as its new chief executive officer, effective January 1, replacing Josh Silverman after eight years in the role. ...

Kraft Heinz lowered its annual sales and profit forecasts on Wednesday, signaling persistent weakness in demand for its pricier snacks and pantry condiments from budget-conscious consumers amid macroe... ...

Core Insights - HSBC has expanded its innovation banking business to Singapore, committing to allocate $1.5 billion to support startup companies in the region as part of a global initiative [1] Company Expansion - The bank's move to Singapore is part of a broader strategy to enhance its lending capabilities to startups globally [1]

Core Viewpoint - Valero Energy has appointed Homer Bhullar as the new Chief Financial Officer (CFO), effective January 1, 2026 [1] Company Summary - The appointment of Homer Bhullar as CFO indicates a strategic move by Valero Energy to strengthen its financial leadership [1]

Core Insights - Verizon exceeded Wall Street expectations for quarterly profit and wireless subscriber growth, driven by promotions related to recent iPhone launches [1] Financial Performance - Verizon reported better-than-expected quarterly profit, indicating strong financial health and effective cost management [1] - The company saw an increase in wireless subscriber additions, reflecting successful customer acquisition strategies [1] Market Dynamics - Promotions surrounding the recent iPhone launches played a significant role in attracting new customers to Verizon's services [1]

Core Insights - Centene reported a surprise profit for the third quarter, attributed to a low tax rate [1] Financial Performance - The company achieved a profit in the third quarter, which was unexpected [1] - The low tax rate played a significant role in enhancing the company's profitability [1]

A U.S. appeals court will on Wednesday consider whether Argentina must pay investors $16.1 billion after seizing control of state-owned oil company YPF more than a decade ago. ...

Core Insights - Thermo Fisher is acquiring Clario, a privately held data management company, for approximately $8.9 billion in cash and future payments, which will enhance its position in digital health and clinical trial research [1] Company Summary - The acquisition of Clario will strengthen Thermo Fisher's presence in the life sciences sector, particularly in the areas of digital health and clinical trial research [1]