Beverage giant Coca-Cola
failed to impress investors with its June-quarter results
. Coke shares
have been solid performers
throughout most of 2016,
but support faltered noticeably after
the company reported
its fifth-consecutive negative earnings comparison
, which have become a major battleground between Wall Street's bulls and bears, rebounded sharply
, past the $100 mark, after the technology heavyweight
posted better-than-anticipated results
for the third quarter of fiscal 2016
(year ends September 24th) and issued upbeat near-term guidance
Dow-30 component The Boeing Company
(BA) has reported solid June-quarter financial results
. Revenues at the world's largest aerospace/defense company were $24.8 billion, which was 1% higher than the year-earlier figure. On a GAAP basis, the bottom line was a deficit of $0.44, but that included a couple of sizable, one-time charges that we have excluded from our financial presentation.
Verizon stock dipped slightly
after the telecom giant
and Dow-30 component reported disappointing second-quarter financial results
Diversified products maker 3M's second-quarter results did not live up to expectations
. Share earnings came in at $2.08, 3% better than the year-earlier tally, but a couple of pennies shy of our estimate, despite an aggressive stock-buyback program.
Shares of McDonalds
(MCD) fell after the restaurant operator released second-quarter results that did not live up to expectations. While the interim marked the fourth-consecutive quarter of positive comps, management noted a “challenging environment in several key markets.
Diversified chemicals manufacturer and Dow-30 component DuPont has reported
its second-quarter earnings
. The company posted total sales of $7.061 billion, off slightly from the prior-year figure. Modest volume growth was more than offset by pricing softness, currency effects, and an unfavorable portfolio mix.
(CAT) reported decent second-quarter results
, with shares
of the heavy equipment maker trading modestly higher
on the news.
Dow-30 component United Technologies
, (UTX) an industrial conglomerate with an aerospace and construction bent, has reported results
for the second quarter of 2016 that bested expectations
on both the top and bottom line.
Dow-30 component The Travelers Companies
(TRV) may not have much wow factor at first blush, but there are certainly some things to like about it, which make it an interesting selection.