(WMT) slip on the release of the retail giant’s fiscal first-quarter financial results
Networking equipment and software maker Cisco Systems
(CSCO) has reported in-line results for the April quarter
. Total revenue of $12.5 billion was slightly higher than our $12.4 billion estimate, and grew 4% year over year. Product sales rose 5%, while service revenue only advanced 3%. The latter was somewhat worse than investors had been looking for, and the shares declined marginally
as a result.
of The Home Depot
were down a bit
after the home-improvement retailer delivered mixed
fiscal first-quarter financial results
and Dow-30 component The Walt Disney Company
issued March-period results
after Tuesday’s closing bell. Investors
were initially pleased
by the earnings report
, sending these shares modestly higher in after-market trading
; however, DIS stock soon gave
back those gains on rumors
regarding a potential interruption
in the forthcoming Twenty-First Century Fox merger
Diversified chemicals manufacturer and Dow-30 component DowDuPont
(DWDP) has reported first-quarter earnings
. The company posted net sales of $21.5 billion, representing 5% growth, on a pro forma basis.
(AAPL) shares are heading higher, back into the mid-$170s
, after the tech behemoth posted better-than-anticipated results for the second quarter of fiscal 2018
(year ends September 29th). The stock had traded lower in the days leading up to the report, with investors concerned about an apparent slowdown in the global smartphone market.
New Jersey-based drugmaker and Dow-30 component Merck
(MRK) reported first-quarter earnings of $0.27 a share
, versus $0.56 in the comparable period of 2017. The bottom-line dip can be primarily attributed to a $1.4 billion charge related to a recently formed collaboration with Eisai Co., which more than offset a solid increase in revenues (+6%) and reduced taxes.
New York-based drugmaker and Dow-30 component Pfizer
(PFE) reported first-quarter earnings of $0.59 a share
, versus $0.51 in the comparable period of 2017. The year-over-year improvement was driven primarily by reduced taxes, lower restructuring charges, and a modest top-line advance (+1%), partially offset by increased production (+4%), SG&A (+3%), and research & development (+2%) costs.
are trading higher
after the fast-food giant
and Dow-30 member posted solid March-quarter financials
. The report, which included better-than-expected domestic same-store sales growth, made for good reading.
and Dow-30 member Chevron
has reported surprisingly strong first-quarter earnings
results. The investment community
viewed the news positively
, pushing the stock
a bit higher today