Dow Jones Top Company Headlines at 7 AM ET: PepsiCo Posts Higher Profit, Sales as Turnaround Continues | Samsung ...
Dow Jones2026/10/08 11:00PepsiCo Posts Higher Profit, Sales as Turnaround Continues The snacks and soda maker posted fiscal third- quarter profit of $3.05 billion, or $2.23 a share, compared with $2.6 billion, or $1.90 a share, a year earlier. ---- Samsung Expects Operating Profit to Exceed $80 Billion for First Time The memory giant remains a key beneficiary of global demand for advanced chips as companies invest heavily in AI infrastructure and applications. ---- Tesco Lifts Lower End of Profit Outlook on Sales Momentum The supermarket chain's pretax profit rose 11.5% and it expects further momentum. ---- Porsche AG Increases Stake in Manthey Racing to 67% The company raised its stake in German auto racing team and performance tuning company as part of its strategy to expand individualization options on its cars. ---- U.K. Regulators Ready Green Light for $4 Billion ATM Tie-Up Between Brink's, NCR Atleos Authorities said the offer to sell off some parts of Brink's business should address concerns over the ATM operator's planned acquisition of its rival. ---- Uniqlo Owner Posts Record Annual Profit, Expects Further Growth Fast Retailing reported record annual net profit, driven by strong earnings across regions, and projected further profit growth this fiscal year. ---- Oil Majors Cut Production in Gulf of Mexico as Tropical Storm Isaias Strengthens Companies operating in the gulf have begun curbing production and evacuating personnel from offshore facilities as the region braces for a powerful storm. ---- Imperial Brands to Launch $2 Billion Buyback The tobacco company expects to meet its targets for the fiscal year through September, and set out plans to buy back in shares in fiscal 2027. ---- Vodafone Raises Savings Target for U.K. Unit The group expects cost savings for its U.K. unit VodafoneThree to reach €1 billion by the year ending March 2032. ---- The AI Price War Is Heating Up-and OpenAI Is Gaining Ground on Anthropic Both companies need to show Wall Street they have sustainable businesses ahead of planned IPOs. ---- Fired Ope
PepsiCo Posts Higher Profit, Sales as Turnaround Continues
The snacks and soda maker posted fiscal third- quarter profit of $3.05 billion, or $2.23 a share, compared with $2.6 billion, or $1.90 a share, a year earlier.
----
Samsung Expects Operating Profit to Exceed $80 Billion for First Time
The memory giant remains a key beneficiary of global demand for advanced chips as companies invest heavily in AI infrastructure and applications.
----
Tesco Lifts Lower End of Profit Outlook on Sales Momentum
The supermarket chain's pretax profit rose 11.5% and it expects further momentum.
----
Porsche AG Increases Stake in Manthey Racing to 67%
The company raised its stake in German auto racing team and performance tuning company as part of its strategy to expand individualization options on its cars.
----
U.K. Regulators Ready Green Light for $4 Billion ATM Tie-Up Between Brink's, NCR Atleos
Authorities said the offer to sell off some parts of Brink's business should address concerns over the ATM operator's planned acquisition of its rival.
----
Uniqlo Owner Posts Record Annual Profit, Expects Further Growth
Fast Retailing reported record annual net profit, driven by strong earnings across regions, and projected further profit growth this fiscal year.
----
Oil Majors Cut Production in Gulf of Mexico as Tropical Storm Isaias Strengthens
Companies operating in the gulf have begun curbing production and evacuating personnel from offshore facilities as the region braces for a powerful storm.
----
Imperial Brands to Launch $2 Billion Buyback
The tobacco company expects to meet its targets for the fiscal year through September, and set out plans to buy back in shares in fiscal 2027.
----
Vodafone Raises Savings Target for U.K. Unit
The group expects cost savings for its U.K. unit VodafoneThree to reach €1 billion by the year ending March 2032.
----
The AI Price War Is Heating Up-and OpenAI Is Gaining Ground on Anthropic
Both companies need to show Wall Street they have sustainable businesses ahead of planned IPOs.
----
Fired OpenAI Researchers Ask Company to Preserve Visibility Into AI Reasoning
In a letter to the board, recently terminated employees ask the industry not to move forward with work that would degrade the ability to monitor AI.
----
Levi Strauss Uses Tariff Refunds to Rekindle Consumer Business
Levi's direct-to-consumer business fell short of internal expectations in the third quarter due to lower sales in the U.S. and Europe, Chief Executive Michelle Gass said.
----
Wolfspeed Stock Soars on Financing Deal with Pentagon
The Pentagon is providing more capital to ensure strong domestic supply of key materials.
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Applied Digital's Earnings Show Its Data Center Bet Is Starting to Pay Off
Applied Digital reports a 322% year-over-year jump in revenue.
(END) Dow Jones Newswires
October 08, 2026 07:00 ET (11:00 GMT)
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Dow Jones Top Financial Services Headlines at 11 AM ET: Q&A: Bitcoin Funds Are Expanding. HANetf's Co-CEO Explains Why | Global ...
Q&A: Bitcoin Funds Are Expanding. HANetf's Co-CEO Explains Why Last week, London-based HANetf, an exchange-traded fund provider, launched the world's first euro-hedged bitcoin ETC-noting a shift in demand among its European client base. ---- Global Bond Turmoil Reveals the Surprising Resilience of Emerging Markets "It's very clear that EM is behaving differently than in the past, and EM is holding up better than expected." ---- U.K. Regulators Ready Green Light for $4 Billion ATM Tie-Up Between Brink's, NCR Atleos Authorities said the offer to sell off some parts of Brink's business should address concerns over the ATM operator's planned acquisition of its rival. ---- Choosing the Right Bond Strategy for Today's High-Yield World Before chasing higher rates, bond buyers have to figure out what type of investor they actually are. ---- Fed's Waller Sees Multiple Rate Increases Ahead to Cool Inflation In prepared remarks at the Istanbul Economic Forum, Christopher Waller said the economic data underscoring the need for interest-rate increases hasn't shifted much. ---- Financial Services Roundup: Market Talk Find insight on ABN Amro Bank, Standard Life and more in the latest Market Talks covering financial services. ---- Wells Fargo Faces Regulator Probe Over Efforts to Boost Black Homeownership Trump's Housing and Urban Development is seeking to crack down on race-based lending, calling it a potential violation of the Fair Housing Act. ---- Ripple, Crypto's Payments Giant, Breaks Into Wall Street The crypto firm is emerging as a serious player in financing leveraged ETFs, a lucrative business long dominated by big banks. ---- Venture Firm Behind Chip Startup Groq Targets $10 Billion Megafund Winning bets on hot AI startups are vaulting a little-known Dallas firm into a small group of firms raising gigantic funds. ---- How one trend-following fund outperformed rivals by bringing humans back into the decision-making process One trend-following fund has outperformed rivals this year by deciding to take profits. ---- Wal
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10:13 AM EDT, 10/08/2026 (MT Newswires) -- Price: 91.10, Change: -2.48, Percent Change: -2.65
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