U.S. Auto Sales Fuel GM Earnings
General Motors reported a 14% drop in its third-quarter profit but beat analyst expectations as strength in North America offset weaker results in other regions of the world.
Airlines Post Strong Profits, Offer Bullish Outlooks
Several U.S. airlines posted stronger third-quarter profits and expressed bullish sentiments for the fourth quarter, based on falling fuel prices, strong holiday bookings, domestic capacity discipline and a slight easing of Ebola jitters.
Caterpillar Posts Surprise Profit Rise
Caterpillar posted stronger-than-expected results for its third quarter as the heavy-machinery maker said restructuring and cost controls paid off in a tough economic environment.