Dow Jones Top Company Headlines at 7 AM ET: PepsiCo Posts Higher Profit, Sales as Turnaround Continues | Samsung ...

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.

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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.

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Tesco Lifts Lower End of Profit Outlook on Sales Momentum

The supermarket chain's pretax profit rose 11.5% and it expects further momentum.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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)