Stocks / Highlights
Dow 30 Earnings: Verizon Communications First Quarter 2018
Kenneth A. Nugent | 04/24/2018
Shares of Verizon are trading a bit higher on news of the telecommunications giant’s strong first-quarter earnings.
Stocks / HighlightsDow 30 Earnings: Coca-Cola First Quarter 2018
Robert M. Greene | 04/24/2018
The Coca-Cola Company (KO) got off to an encouraging start in 2018. Revenues continued to shrink in the March quarter (down 16% year over year), reflecting the ongoing effects of refranchising the beverage giant's bottling system. However, the company made solid progress across most other key metrics. In particular, earnings climbed 9%, to $0.47 a share, beating our estimate by two pennies.
Stocks / HighlightsDow 30 Earnings: Travelers Cos. First Quarter 2018
Alan G. House | 04/24/2018
Property/Casualty Insurer Travelers (TRV) reported first-quarter results that were slightly below our expectations. Looking at it with more granularity, operating earnings per share, which excludes capital gains and losses, clocked in at $2.42, which was a 12% advance over the previous-year tally, though $0.08 below our estimate. The insurer's combined ratio was 95.5% during the interim, a 50-basis-point improvement from last year's figure.
Stocks / HighlightsDow 30 Earnings: 3M Company First Quarter 2018
Andre J. Costanza | 04/24/2018
Diversified products manufacturer and Dow-30 member 3M Company (MMM) has reported solid, albeit somewhat disappointing first-quarter financial results, and Wall Street is taking note. Indeed, the company posted adjusted earnings of $2.50 a share, 16% higher than the year-earlier mark, but a nickel shy of expectations.
Stocks / HighlightsDow 30 Earnings: United Technologies First Quarter 2018
Erik M. Manning | 04/24/2018
Shares of industrial conglomerate United Technologies were little changed after the company announced first-quarter results that beat expectations in terms of both revenues and earnings. The Dow-30 member also raised its full-year outlook for both the top and bottom lines.
Stocks / HighlightsDow 30 Earnings: Caterpillar Inc. First Quarter 2018
Dominic Silva | 04/24/2018
Shares of Caterpillar (CAT) rose nicely after the manufacturer of heavy equipment beat first-quarter expectations. Sales of $12.86 billion eclipsed our $10.80 billion estimate and increased 31% over the year-earlier tally of $9.82 billion. The increase was powered by higher volumes, which reflected improved end-user demand across all regions and most end markets.
Markets / CommentariesStock Market Today: April 24, 2018
Harvey S. Katz, CFA and Adam Rosner | 04/24/2018
The stock market moved notably lower today, as a mixed batch of corporate profit reports ignited concerns about the health of the global economy. Further, many traders have been watching anxiously, as the yield on the 10-year Treasury note has worked its way up to the 3% mark. At the close of trading, The Dow Jones Industrial Average was down 425 points; the broader S&P 500 Index was off 36 points; and the NASDAQ was lower by 121 points.
Markets / CommentariesStock Market Today: April 23, 2018
William G. Ferguson and Adam Rosner | 04/23/2018
The stock market put in another choppy performance today, ending the session on a mixed-to- weak note. At the close of trading, The Dow Jones Industrial Average was down about 14 points; the broader S&P 500 Index was up nominally; and the NASDAQ was lower by 18 points.
Stocks / HighlightsDow 30 Earnings: General Electric First Quarter 2018
Erik M.Manning | 04/20/2018
Shares of General Electric, (GE) an industrial conglomerate in the process of returning to its industrial roots and a Dow-30 member, were up as much as 7% this morning after announcing first-quarter results.