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Edison International reported third-quarter net income of $267.8 million, or 70 cents per share, compared with $276.8 million, or 59 cents, a year ago, when there was a one-time gain. . . . Rancho Cucamonga-based Pacer Technology, maker of Super Glue, reported third-quarter net income of $450,900, or 3 cents per share, compared with $341,800, or 2 cents, a year ago. . . . IBP Inc., the world’s largest producer of fresh beef and pork, reported third-quarter net income of $29.1 million, or 31 cents per share, down from $40.5 million, or 42 cents, a year ago. . . . J.C. Penney Co. named John Cody and Thomas Hutchens as presidents and chief operating officers, effective Nov. 1. . . . Union Pacific Corp. will suspend its high-speed freight service between Chicago and Texas for at least two months, as it struggles to clear a freight logjam. . . . CPC International Inc. said it will change its name to Bestfoods after it spins off its corn-refining business in January.

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