Earnings Surprises


  • An ExxonMobil sign is displayed at a gas station in Cincinnati, Ohio.

    ExxonMobil on Friday reported a 3 percent increase in quarterly profit on higher results in its refining and chemicals businesses.

  • Chevron reported its profit rose as lower oil prices boosted its refinery operations, helping to offset sagging results in its oil and gas production.

  • U.S. cleaning products maker Clorox reported better-than-expected quarterly sales and adjusted profit, helped by strong demand for household products.

  • Anheuser-Busch InBev NV agreed to pay $5.8 billion for South Koreas Oriental Brewery, regaining control of a company that became the Asian nations biggest brewer under KKR & Co. and Affinity Equity Partners Ltd.

    Maker of Budweiser, Stella Artois and Corona said overall beer volumes fell by 2.7 percent in the July-Sept period.

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