ViacomCBS Inc on Friday raised its annual paid subscriber forecast for its streaming services, after nearly hitting its previous target a full quarter ahead of time on strong demand for indoor entertainment during the pandemic.
CVS Health Corp Chief Executive Officer Larry Merlo will retire after a decade-long tenure at the helm of the company during which he led the $69 billion acquisition of one of the oldest U.S. health insurer, Aetna.
Insurer American International Group Inc said on Friday it is considering an initial public offering or a private sale of nearly 20% of its life and retirement business to separate the unit from the rest of the company over the coming year.
Hershey Co beat profit and sales estimates and reinstated its full-year financial forecasts on Friday, after early promotions and strong use of data to predict Halloween trends paid off in the third quarter, sending its shares up 3%.
Japan's two biggest car manufacturers, Toyota Motor and Honda Motor on Friday more than doubled their operating profit forecasts, helped by recovering demand in China as it rebounds from the coronavirus pandemic.
Marriott International Inc on Friday reported a surprise third-quarter profit, helped by cost cuts and a near doubling of occupancy rates in its North American hotels from the previous quarter as leisure travel rebounded on easing COVID-19 curbs.
Uber Technologies Inc said on Thursday demand for its food-delivery service exploded in the latest quarter, but recovery in its global rides business is being held back by its most important market, the United States.
LATAM Airlines , the continent's largest carrier, said on Friday it lost $573 million in the third quarter, as the company continues a bankruptcy restructuring process that started in May because of the coronavirus pandemic.
Virtu Financial Inc on Friday reported better-than-expected third-quarter profits, helped by lower expenses and higher trading volumes amid pandemic-driven volatility and an ongoing surge in market participation by retail investors.
Stocks are expected to stay buoyant on Monday while the dollar is seen likely to extend its downward trend as Democrat Joe Biden won the U.S. presidential election in a move that analysts say would prop up risk assets.