Dow Jones Top Company Headlines at 9 AM ET: American Airlines Forecasts Another Quarterly Loss on Surging Fuel Costs | Union …

American Airlines Forecasts Another Quarterly Loss on Surging Fuel Costs

The carrier said revenue is projected to climb 20% to 23% in the fourth quarter, during which it is also on track to post an adjusted loss of 50 cents to $1.10 a share.

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Union Pacific Posts Higher Profit, Revenue on Volume Growth

The freight company posted a third-quarter profit of $2.08 billion, or $3.49 a share, compared with $1.79 billion, or $3.01 a share, a year earlier.

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Lockheed Martin Bumps Up Yearly Outlook as Backlog Hits Record

The defense contractor’s third-quarter profit came in at $1.85 billion, or $7.97 a share, compared with $1.62 billion, or $6.95 a share, a year earlier.

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Comcast’s Domestic Broadband-Subscriber Losses Continue

Comcast continued to lose domestic residential broadband and video customers in the third quarter, putting pressure on overall performance.

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Procter & Gamble’s Sales Offset Rising Fuel Costs

Procter & Gamble logged higher sales and said it is managing to stay on track despite rising fuel costs.

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Barclays to Cut 5,000 Jobs in AI Cost-Saving Drive

Barclays said it was structurally reducing costs to help make room for investments.

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DeepSeek Raises $15 Billion Ahead of Potential IPO

The Chinese AI startup’s second private financing round was nearly double its initial target thanks to strong investor interest, people familiar with the matter said.

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Honeywell Technologies Raises Outlook as Sales Climb

Honeywell Technologies raised its full-year outlook on the back of what Chief Executive Vimal Kapur called strong results in its first quarter as a standalone company.

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Dow’s Profit Rises Sharply on Cost Cuts, Sales Growth

The Midland, Mich., chemicals company posted third-quarter earnings of $458 million, or 62 cents a share, up sharpy from $62 million, or 8 cents a share, a year earlier.

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PG&E Profit Falls as Revenue Dips But Backs Full-Year Guidance

The Oakland, Calif., utility posted third-quarter earnings of $776 million, or 34 cents a share, compared with $850 million, or 37 cents a share, a year earlier.

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1Password Surpasses $500 Million in Revenue as AI Agents Drive Growth

As businesses and consumers increasingly adopt artificial intelligence agents, 1Password is aiming to position itself to deliver solutions for growing challenges around security, access and trust.

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PulteGroup Net Down as Mortgage Rates Weigh on Home Sales

PulteGroup’s third-quarter net income and revenue fell sharply as elevated mortgage rates slowed sales of its luxury homes and weighed on prices.

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Carrier Plans $600 Million Texas Plant to Make Cooling Gear for AI Data Centers

The facility, Carrier’s biggest-ever investment, comes amid a surge in sales to data-center customers.

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SAP Weighs New Metric to Showcase AI Impact on Business

The business-software group is working on a metric to convey the impact of AI on its operations to appease investors wanting insight into the tech reshaping the industry.

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Aramco CEO Says East-West Pipeline Capacity Could Reach 10 Million Barrels a Day

Saudi Aramco is working to increase the capacity of its East-West oil pipeline network to 10 million barrels a day as the kingdom seeks to strengthen alternative export routes.

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Nestle Sales Boosted By Hot Pockets and Frozen Pizza in U.S.

Nestle booked a rise in sales for the third quarter amid a revival of its snacking businesses in the Americas.

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London Stock Exchange Group Agrees to Buy Octus For $3.5 Billion

The stock-exchange and financial-information company said last week that it was in talks over the deal to buy the credit intelligence, data and workflow provider from Permira.

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Prada Sales Cool as Luxury Recovery Fades

Prada reported a deceleration in sales growth as luxury companies struggle to spark renewed demand for high-end goods.

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Spotify Stock Rallies After Earnings Because Not All AI Winners Are Chip Plays

Spotify reported more premium subscribers than it had previously forecast as revenue at the streaming platform jumped 16%.

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SpaceX Takes Conglomerate-Building to Sci-Fi Extremes

Elon Musk’s mishmash of businesses will be a maze for investors to evaluate.

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Hermes Sales Growth Slows Against Tough Luxury Backdrop

The stock fell more than 6% after the luxury house said sales growth lost pace in the third quarter.

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Roche CEO Signals New Wave of Drugs to Fuel Growth Next Year, Beyond

The drugmaker is counting on upcoming medicine launches to spur sales growth next year and beyond, as it works to secure approvals for new breast-cancer and multiple-sclerosis pills.

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Nokia Reports Continued Strength From Data-Center Rollout

Sales in network infrastructure rose 17% on year, driven by demand from AI and cloud customers in the Americas.

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Thales Boosts Sales Forecasts as Defense, Aerospace Orders Surge

Thales lifted its sales projections for the year as orders at its defense and aerospace units surged in the first nine months.

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Kuehne + Nagel Lifts Guidance Again After Growth Across Business

The Swiss transport and logistics company said demand from cloud infrastructure and semiconductor customers is driving volume growth.

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Fortescue Warns of Output Guidance Cut If China Talks Aren’t Concluded Soon

The iron-ore miner held guidance steady for shipments, but said the outlook hinged on securing a deal with China Mineral Resources Group.

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Musk Says Tesla Aims to Begin Humanoid Robot Sales Next Year

Talk of a Tesla merger with SpaceX was off-limits on the earnings call.

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Meta Will Split Stock, Create New Class to Fund AI Spending

The company, which reported record revenue of $64.6 billion for the third quarter, said the new stock won’t affect Mark Zuckerberg’s voting control.

(END) Dow Jones Newswires

October 22, 2026 09:15 ET (13:15 GMT)

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