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Dow Jones Top Company Headlines at 1 PM ET: DoorDash to Buy Instacart for $17 Billion | Josh ...

Dow Jones Top Company Headlines at 1 PM ET: DoorDash to Buy Instacart for $17 Billion | Josh ...

Dow JonesDow Jones2026/10/29 17:00
By:Dow Jones

DoorDash to Buy Instacart for $17 Billion

DoorDash said the deal values Instacart at $65 a share.

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Josh Kushner's Thrive to Buy ADT for $7.6 Billion

Thrive will pay $10 a share in cash for the home-security company, a 35% premium to Wednesday's closing price of $7.41.

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Chevron Is Back to Searching for Oil and Gas in Far-Flung Places

The company is riding financial and political tailwinds to further oil exploration and investment, while global conflicts crimp energy supplies.

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Caterpillar Sales Jump on Growing AI Demand, But Wall Street Wanted More

Caterpillar said sales climbed in the latest quarter, though the increase failed to clear Wall Street's high expectations.

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Eli Lilly Revenue Climbs on Demand for Obesity Drugs

The pharmaceutical company's third-quarter profit came in at $6.45 billion, or $7.22 a share, compared with $5.58 billion, or $6.21 a share, a year earlier.

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Mastercard Profit Rises on Payment Network, Services Growth

The credit-card company posted a third-quarter profit of $4.63 billion, or $5.28 a share, as revenue grew 14% to $9.81 billion.

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Clorox Names Unilever's Fabian Garcia as CEO

Clorox has hired Unilever executive Fabian Garcia as its next chief executive. Garcia will step into the role effective Jan. 5, succeeding Linda Rendle who announced in May that she was stepping down for health reasons.

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Gulf Oil Giants Work to Expand Overseas Storage As War Exposes Supply Risks

With the Iran war threatening key energy infrastructure and shipping lanes, producers are increasingly looking beyond their borders to keep crude flowing.

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Hershey's Sales Rise Despite Growing Consumer Caution

The maker of Reese's Peanut Butter Cups and Twizzlers posted a third-quarter profit of $580.8 million, or $2.88 a share, compared with $276.3 million, or $1.36 a share, a year earlier.

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Shell Maximizes Diesel Production During Supply Crunch

The British energy major ran its refineries hard in the third quarter to maximize diesel production during an unprecedented supply squeeze.

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Altria Lifts Earnings Outlook as Profit, Revenue Climb

The tobacco company posted a third-quarter profit of $2.52 billion, or $1.51 a share, compared with $2.38 billion, or $1.41 a share, a year earlier.

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Bristol Myers Squibb Raises Outlook as Quarterly Revenue Rises

Bristol Myers Squibb raised its full-year revenue outlook due to higher third-quarter revenue.

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Merck Revenue Up on Keytruda, Winrevair Growth

Third-quarter profit came in at $5.07 billion, or $2.04 a share, compared with $5.79 billion, or $2.32 a share, a year earlier.

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Harley-Davidson Net Down, Company Boosts Sales Volume Projection

Harley-Davidson's third-quarter net income fell as a year-earlier gain and a shift in its dealer inventory strategy weighed, but the maker of high-end motorbikes boosted its sales volume projection for the year.

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Burger King's Turnaround Attracts Price-Conscious Diners as Sales Rise

The burger chain's momentum anchored third-quarter profit growth for parent company Restaurant Brands International and helped widen its competitive gap against direct competitors.

(END) Dow Jones Newswires

October 29, 2026 13:00 ET (17:00 GMT)

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