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Dow 30 Earnings: NIKE, Inc. First Quarter Fiscal 2020
NIKE a Dow-30 component that engages in the design, development, marketing, and sale of athletic footwear, apparel, accessories, equipment, and services, has reported fiscal 2020 first-quarter (ended August 31st) financials that surpassed expectations on both the top and bottom lines. The report included a jump in sales to China that the investment community certainly was pleased with. As a result, NKE stock rose more than 5% in afterhours trading and eclipsed the $90-a-share mark for the first time in its storied history. Read more
Dow 30 Earnings: The Home Depot Fiscal Second Quarter 2019
Shares of The Home Depot rose after the home-improvement retailer released fiscal 2019 second-quarter results. Read more
Dow 30 Earnings: Walmart Inc. Fiscal Second Quarter 2019
Walmart shares trade modestly higher on the release of the retail giant’s solid fiscal second-quarter financial results and increased guidance. Read more
Dow 30 Earnings: Cisco Systems Fiscal Fourth Quarter 2019
Networking equipment and software provider Cisco Systems (CSCO) reported in-line results for the fiscal fourth quarter (year ended July 31st). However, guidance was below expectations and the shares are down moderately in response. Read more
Dow 30 Earnings: The Walt Disney Company Third Quarter Fiscal 2019
Entertainment and media conglomerate The Walt Disney Company issued weaker-than-expected fiscal third-quarter results (year ends September 30th). Investors were not pleased with the report, and the stock was down on the news. Read more
Dow 30 Earnings: Chevron Corp. Second Quarter 2019
Oil giant and Dow-30 member Chevron has reported mixed second-quarter financial results and the stock has dropped slightly on the news. Read more
Dow 30 Earnings: Exxon Mobil Corp. Second Quarter 2019
Shares of Exxon Mobil climb modestly despite the oil giant reporting lackluster June-quarter earnings. Read more
Dow 30 Earnings: Verizon Communications Second Quarter 2019
Verizon Communications, (VZ) the telecommunications giant and Dow-30 component, reported second-quarter earnings of $1.23 a share, three cents above our estimate and 2.5% higher than the year-ago result, on a relatively flat top-line comparison. Investors seemed unphased by the company's performance, with Verizon stock up a modest 1% on the news. Read more
Dow 30 Earnings: Apple Inc. Third Quarter Fiscal 2019
Apple (AAPL) stock is building upon its recent momentum, climbing to near the $220 level, after the tech giant released an encouraging earnings report for the third quarter of fiscal 2019 (year ends September 28th). In fact, share net of $2.18 for the period clocked in nicely ahead of our estimate and Wall Street's consensus view of $2.10, despite a (slightly) worse-than-anticipated 12% drop in iPhone sales. Read more
Dow 30 Earnings: Merck Second Quarter 2019
New Jersey-based drugmaker and Dow-30 component Merck (MRK) has reported second-quarter GAAP earnings of $1.03 a share, versus $0.63 in the comparable period of 2018. The sharp year-over-year improvement was fueled by double-digit growth on the top line and reductions in restructuring (-74%) and R&D (-4%) expenses, partially offset by an uptick in SG&A costs (+8%) and higher taxes. Read more
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