Tesoro Petroleum (TSO: chart), petroleum products producer, posted Q3 earnings of $3.20 a share, up from 93 cents a share in the year-ago period, topping analyst estimate for a profit of $3.17 a share. Q3 results include a charge of 8 cents a share, related to insurance premium surcharges. The company announced that it has approved the buyback of up to $200 million worth of common stock.

Sabre Holdings (TSG: chart), travel services company, posted Q3 earnings of 45 cents a share, down from 49 cents a share in the year-ago period despite revenue growth. If not for non-recurring items, the company would have earned 50 cents a share, topping analyst estimate of 47 cents a share. The company also expects adjusted fourth-quarter earnings of 16 to 19 cents a share, below analyst estimate of 22 cents a share.