The automaker's shares jumped 12% premarket after strong sales boosted third-quarter results and CEO Barra predicted smaller EV losses. ...

Core Viewpoint - Halliburton's third-quarter net income experienced a significant decline primarily due to substantial impairment charges [1] Financial Performance - The company reported a sharp decrease in net income for the third quarter, indicating financial challenges [1] - Impairment charges were a major factor contributing to the decline in profitability [1]

Core Insights - Coca-Cola reported that higher prices, an improved product mix, and a slight increase in volumes contributed to its sales and earnings growth in the third quarter [1] Group 1 - The company experienced an increase in sales due to higher pricing strategies [1] - A better mix of products positively impacted earnings [1] - There was a small increase in volumes, which also contributed to overall growth [1]

Philip Morris International raised its full-year outlook after logging higher profit and revenue in the third quarter. ...

Defense company RTX raised its full-year outlook after posting higher third-quarter sales and profit. ...

Coca-Cola and a long-standing South African associate reached a deal to sell a majority stake in Coke's largest bottler in Africa to a Switzerland-based bottling company. ...

Lockheed Martin increased its full-year earnings outlook and said it is boosting production as it continues to see strong demand for its defense programs. ...

Core Viewpoint - 3M's third-quarter net income decreased, yet sales increased, leading the diversified manufacturer to raise its adjusted earnings forecast for the year [1] Financial Performance - The company reported a decline in net income for the third quarter, indicating potential challenges in profitability [1] - Despite the drop in net income, sales figures showed an upward trend, suggesting strong demand or effective sales strategies [1] Future Outlook - 3M has increased its adjusted earnings forecast for the year, reflecting confidence in future performance and potential recovery in profitability [1]

Core Insights - Elevance Health reported an increase in profit for the third quarter, driven by a rise in revenue despite a decline in overall memberships [1] Financial Performance - The company experienced higher profits in the third quarter compared to previous periods [1] - Revenue increased, contributing positively to the overall financial results [1] Membership Trends - There was a noted slip in overall memberships, indicating a potential area of concern for future growth [1]

The company said it was committed to completing the spinoff this year after initially planning for the listing of the business to take place on Nov. 10. ...