KRAFT FOODS: Slower sales and lower prices on food cut its third-quarter profit nearly 40 percent from a year earlier, but thecompany raised its forecast for the year.

Kraft said Tuesday that it earned $824 million, or 55 cents per share, for the quarter. That's down from $1.36 billion or 91 cents per share last year, which included income from some operations that have been discontinued.

Revenue fell nearly 6 percent to $9.8 billion.

UBS: The Swiss bank reported a third-quarter net loss of 564 million Swiss francs ($542 million), blaming accounting charges of 2.15 billion francs for keeping it in the red.

The disappointing results -- along with a warning that clients are still withdrawing more money from the bank than they are putting in -- sent UBS shares tumbling 8.4 percent to 15.90 francs ($15.39) by midday on the Zurich exchange.

The Zurich-based bank had posted a net profit of 283 million francs during the same period last year.

WORLD FUEL SERVICES: The Miami Springs seller of marine, aviation and land fuel products and related services, reported third-quarter net income of $29.1 million, or 97 cents per share compared with $40.1 million or $1.37 per share in the third quarter of 2008. Revenue fell 41 percent to $3.2 million as fuel prices remain sharply lower than last year's levels.

VIACOM: G.I. Joe and the Transformers came to Viacom's rescue in the third quarter, helping boost the company's earnings 15 percent with strong box-office returns.

Viacom said it earned $463 million, or 76 cents per share, in the three months ended Sept. 30, up from $401 million, or 65 cents per share, a year ago.

Revenue slipped 3 percent to $3.3 billion, in line with estimates.

BMW: German carmaker BMW AG said Tuesday that its net income fell 74 percent in the third quarter as it continued to be affected by the global economic downturn.

BMW, the world's biggest luxury car company by sales, said net income for the period amounted to euro78 million ($115 million), down from euro298 million in the July-September period of 2008.

MEDCO HEALTH SOLUTIONS: The largest U.S. pharmacy benefits manager, said its profit rose 13.5 percent as the company gained new clients and benefited from price inflation of brand-name drugs.

The company earned $335.6 million, or 69 cents per share, up from $295.7 million, or 58 cents per share, a year prior. Excluding charges, the company said it earned 75 cents per share. Revenue surged 18 percent to $14.79 billion from $12.56 billion.

MASTERCARD: Third-quarter profit was bolstered by continued cost-cutting measures and an increase in the number of transactions it processed.

However, worldwide purchase volume grew only 0.4 percent on a local currency basis during the quarter, providing further evidence that a global economic recovery is likely to be slow.

The credit card and global payments processor earned $452.2 million, or $3.45 per share, during the quarter ended Sept. 30. It lost $193.6 million, or $1.48 per share, during the same quarter last year. Revenue edged up to $1.36 billion from $1.34 billion a year ago.

SWISS RE: Swiss Reinsurance Co. reported a third-quarter net profit of 334 million francs ($327 million) Tuesday as insurance claims fell due to fewer natural disasters.

The profit beat analyst expectations and compared with a loss of 304 million francs in the same period last year, when Swiss Re was forced to make heavy payments linked to hurricanes Gustav and Ike.

ADM: Archer Daniels Midland Co. said Tuesday that its first-quarter profit tumbled 53 percent as the global recession dragged down demand for crops and ethanol, but demand is improving in some key markets.

The Decatur, Ill., company earned $496 million, or 77 cents per share, compared with $1.04 billion, or $1.62 per share, last year. The results widely beat Wall Street expectations.

Revenue fell 29 percent, to $14.92 billion, from $21.16 billion, dragged down by declines in commodity costs.