Although adjusted earnings were a bit ahead of estimates, investors were unaffected by Pfizer’s
(PFE) first-quarter earnings release, and the stock hardly moved in response.
and personal electronics icon Apple
has posted strong results
for the second quarter of fiscal 2015
(year ends September 26th). However, investors were seemingly unimpressed, with the new Dow component pulling back slightly after an initial bump at the opening bell.
(CMCSA) is an American multimedia company based in Philadelphia. The largest broadcasting, cable, and home Internet company in the world also stands as the third largest home television service provider. Through its two main businesses, Comcast Cable and NBCUniversal (which it has owned since 2011), the business maintains vertically integrated operations from production to distribution and communications to broadcasting. In early 2014, the company agreed to acquire Time Warner Cable
(TWC) for roughly $45 billion, though recent regulatory developments are now expected to nix the deal altogether.
Shares of Microsoft
opened higher this morning, as the investment community
seemed to be pleased
with the company’s March-quarter financial results.
Investors were left wanting more from consumer goods conglomerate
and Dow-30 component Procter and Gamble
’s fiscal third-quarter results
, sending the stock slightly lower.
Diversified manufacturer and Dow-30 component 3M Company
(MMM) posted disappointing first-quarter results, sending its stock down modestly.
Dow-30 component Caterpillar are up in value
after the heavy equipment manufacturer performed
surprisingly well in the first quarter
. Though sales of $12.70 billion fell roughly 4% over the year-earlier level, this eclipsed our $12.37 billion estimate. Higher prices on certain machines mitigated an unfavorable currency impact and lower sales volume.
Shares of McDonalds
(MCD) moved higher after the restaurant operator reported first-quarter results. To be sure, March-period financials did not make for good reading, but investors appeared to focus on the company's turnaround potential, instead.
Beverage giant The Coca-Cola Company got off to an encouraging start in 2015
. Comparable earnings rose 9% from the prior-year period, to $0.48 a share, beating our expectation for a 5% decline on the bottom line. Revenues were up just 1%, but pretax income rose 7%, as the company benefited from the cycling of higher input costs from early 2014 and the leveraging of non-operating expenses.
The Boeing Company
, the world's largest aerospace/defense corporation
, has reported better-than-expected March-period financial results
. For the quarter, the top line came in at $22.1 billion, or 8% higher than the year-earlier tally. That, along with stock repurchases and wider margins, helped Boeing post share net of $1.87, which was $0.02 higher than our estimate and up 46%, year over year.