, an industrial conglomerate
that is in the process of pivoting back to its industrial roots and selling off its financial-related holdings, has reported mixed September-period results
, sending shares modestly lower in morning trading.
Software giant Microsoft
released solid September-period results
received the latest report warmly, sending MSFT shares notably higher.
moved nicely higher
after the restaurant operator
released solid third-quarter results
. Global same-store sales rose 3.5%, reflecting growth in all of the company's reporting segments and marking the fifth-consecutive quarter of positive comps.
, the telecommunications giant and Dow-30 component, reported third-quarter earnings of $1.01 a share
, two cents below our estimate and three cents off the year-earlier result, on a 6.7% revenue decline. Yet investors seem unphased,
with Verizon stock down a modest 3% on the news.
Property/Casualty insurer Travelers reported mixed results
for the third quarter. Operating share net, which excludes capital gains and losses from investments, came in at $2.40. While this was $0.12 above our expectation, it was considerably below the year-earlier tally of $2.93. This was the company's fourth consecutive quarter of a year-to-year earnings decrease. The stock declined some 5% following the news.
American Express stock moved nicely higher
after the bell, thanks to better-than-expected third-quarter results
is trading lower despite posting third-quarter results that exceeded expectations
. Lighter guidance
on these shares
Johnson and Johnson
(JNJ) the world's largest producer of health care products and a Dow-30 member, reported third-quarter GAAP share earnings of $1.53, versus last year's $1.20, and our $1.45 estimate.
(GS), a global leader in investment banking, securities, and investment management, saw solid year-over-year gains in both earnings and revenues in the third quarter of 2016
. While share net of $4.88 was slightly below our estimate of $5.00, it marked a substantial improvement over the $2.90 earned in the third quarter of last year.
Shares of UnitedHealth Group
(UNH) rose sharply after the company’s solid top- and bottom-line performance was reported for the September quarter.