Dow Jones Top Company Headlines at 3 AM ET: BP Expects Boost from Higher Production, Refining Margins | Ericsson ...

Dow Jones
Oct 14

BP Expects Boost from Higher Production, Refining Margins

Third-quarter upstream production is expected to rise from the previous quarter. The company also anticipates a boost of up to $400 million from higher refining margins.

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Ericsson Hints at Higher Shareholder Returns After Earnings Beat

Continuing cost-saving efforts boosted profitability and results also benefited from the $1 billion sale of its Iconectiv connectivity services business.

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Google Plans to Invest $9 Billion to Expand AI Infrastructure

Google's investment in South Carolina will go toward scaling up its Berkeley County data center campus, supporting construction, energy affordability and workforce training programs.

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LG Electronics India Jumps in Debut After $1.3 Billion IPO

Shares of the South Korean company's Indian unit opened 50% higher compared with the initial public offering price.

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Thyssenkrupp's Warship Spinoff to List Next Week

TKMS is to start trading on the German stock exchange on Oct. 20, concluding the spinoff of a minority stake of the company.

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Publicis Lifts Outlook, Says AI Is Boosting Growth

The company raised its outlook for the second time this year after artificial intelligence helped power its top line.

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Is Meta's stock in trouble? OpenAI's new app has Wall Street worried.

OpenAI's Sora app could fundamentally change the social-media landscape and leave Meta scrambling to catch up.

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Ford Cuts Production of Five Trucks, SUVs After Fire at Aluminum Supplier

A crucial aluminum supplier was knocked offline until next year. Moneymaking F-150 trucks are vulnerable.

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Samsung Expects Strongest Profit in Three Years on AI-Driven Chip Demand

The South Korean technology giant expects third-quarter earnings to have rebounded to a three-year high, buoyed by a recovery in its flagship semiconductor segment.

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Rio Tinto Reports Flat Third-Quarter Iron-Ore Shipments

The miner also upgraded its annual production forecast for aluminum-rich bauxite.

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Beyond Meat Debt Deal Rattles Investors

The meat-alternative producer plans to issue new shares after a debt exchange gives it more time to restructure the business.

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Polaris to Sell Indian Motorcycle Business to Private-Equity Firm

The sale of the heavyweight bike brand is expected to boost Polaris's profits and allow the company to focus on its core off-road vehicle business.

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Banks Poised for Strong Third Quarter, But Yellow Flags on Consumer Health Loom

A lengthy government shutdown, along with rising student and auto loan delinquencies, could weigh on banks as the year comes to a close.

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Goldman Sachs to Acquire Industry Ventures for Up to $965 Million

The deal aims to bolster Goldman's ability to provide solutions for technology entrepreneurs, the company said.

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Catapult Targets Soccer Transfer Fees With Latest Acquisition, CEO Says

Catapult Sports is looking to its latest acquisition to help lower-tier soccer teams target the billions of dollars that the sport's giants splurge each year on player transfers.

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Salesforce's $15 Billion Investment in San Francisco Will Support AI Innovation

The investment will fund a new AI Incubator Hub, expand workforce-development programs and help companies transform into "agentic enterprises," Salesforce said Monday.

 

(END) Dow Jones Newswires

October 14, 2025 03:00 ET (07:00 GMT)

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