Earnings Report

Tesla is showing some promising signs that it will make money as advertised in the third quarter, but Wall Street isn't buying it.

WHAT'S HAPPENING Shares of Tesla Inc. soared Tuesday, a day ahead of the company's third-quarter earnings release, after an investment firm that had long bet against the company's stock reversed its position and said it would invest in the electric car and solar panel maker for the long run.

McDonald's is putting up positive same-store sales growth for the 13th consecutive quarter and it's topped Wall Street profit and revenue expectations for the third quarter.

The iconic American motorcycle maker expects to launch 16 new bikes over the next few years.

The company surprised Wall Street by revealing Monday night that it would announce third-quarter earnings this week, about one week ahead of its historical schedule.

Caterpillar's third-quarter results beat Wall Street's expectations, buoyed by increased demand and higher prices.

JetBlue Airways Corp. (JBLU) on Tuesday reported third-quarter earnings of $50 million.

United Technologies Corp. (UTX) on Tuesday reported third-quarter net income of $1.24 billion.

The company said it added a net 295,000 phone subscribers who pay a monthly bill during the third quarter.

3M said it now expects earnings to be between $8.78 and $8.93 a share, down from the range of $9.08 to $9.38 a share it previously guided. 

Caterpillar reported an adjusted profit of $2.86 a share in the third quarter, compared with $1.95 a share, last year.

Net income fell to $1.64 billion, or $2.10 per share, in the quarter from $1.88 billion, or $2.32 per share, a year earlier.

Verizon Communications Inc. (VZ) on Tuesday reported third-quarter earnings of $4.92 billion.

Harley-Davidson Inc. (HOG) on Tuesday reported third-quarter net income of $113.9 million.

Asian stocks slid on Tuesday as worries about softening Chinese growth rattled investors, following a rally that was not picked up by Wall Street overnight.

PulteGroup Inc. (PHM) on Tuesday reported third-quarter earnings of $289.5 million.

U.S. stocks veered broadly lower in early trading Monday as losses in health care companies and banks outweighed gains elsewhere.

Hasbro continues to wrestle with the demise of Toys R Us and shifting consumer trends, and it's falling well short of third-quarter expectations.