Earnings Report

The latest on developments in financial markets (all times local): 9:35 a.m.

Fiat Chrysler Automobiles is reporting a nearly 40 percent drop in third-quarter profits due to one-off charges to cover possible payments in a U.S. diesel probe.

General Electric Co. is slashing its dividend from 12 cents, to a penny, and taking a $22 billion impairment charge for its power division, which is a crucial segment of its operations going forward.

Pfizer, which will be under the leadership of a new CEO starting next year, is reporting better than expected earnings for the third-quarter.

The positive results came amid a lengthy effort by Under Armour to overhaul its business after roughly two years of sagging sales in a shifting retail landscape.

Strong sales of sparkling water and sugar-free drinks are powering third-quarter earnings for Coca-Cola Co. The company on Tuesday posted net income of $1.88 billion, or 44 cents per share.

Demand for products containing cannabidiol, a non-psychoactive compound in marijuana, has grown in recent years amid the legal pot push.

MasterCard Inc. (MA) on Tuesday reported third-quarter profit of $1.9 billion.

AutoNation Inc. (AN) on Tuesday reported third-quarter profit of $112 million.

Tapestry Inc. (TPR) on Tuesday reported fiscal first-quarter net income of $122.3 million, after reporting a loss in the same period a year earlier.

Allergan PLC (AGN) on Tuesday reported a loss of $37.9 million in its third quarter.

Under Armour Inc. (UAA) on Tuesday reported third-quarter net income of $75.3 million.

Volumes, a key indicator of demand, grew 2 percent in the quarter.

NEW YORK (AP) — Pfizer, which will be under the leadership of a new CEO starting next year, is reporting better than expected earnings for the third-quarter.