Stocks / Highlights
Dow 30 Earnings: Microsoft Fourth Quarter Fiscal 2018
Charles Clark | 7/20/2018
StockHighlightsDow 30 Earnings Microsoft Fourth Quarter Fiscal 2018Software and cloud services giant Microsoft Corp. (MSFT – Free Microsoft Stock Report) reported revenue and earnings of $30.1 billion and $1.13 a share, respectively, for its fiscal fourth quarter, which ended June
Markets / CommentariesStock Market Today: July 20, 2018
Harvey S. Katz, CFA and Robert Harrington | 7/20/2018
Despite spending the majority of Friday’s session in positive territory, the major U.S. indexes turned negative in the final hour of trading. Solid earnings performances from Microsoft, Honeywell, and others helped the bulls control the direction of equities up to a point, until President Trump’s comments on trade ostensibly stirred enough uncertainty to open the doors for some late-day profit taking.
Stocks / HighlightsDow 30 Earnings: Travelers Cos. Second Quarter 2018
Alan House | 7/19/2018
Shares of property/casualty insurer Travelers slipped after the company released softer-than-expected June-quarter results.
Stocks / HighlightsDow 30 Earnings: International Business Machines Second Quarter 2018
Theresa Brophy | 7/19/2018
International Business Machines, (IBM) a global provider of computer software, services, and systems, and a component of the Dow 30, reported June-quarter earnings that topped expectations. Investors bid the stock up about 3% in early Thursday morning trading.
Markets / CommentariesStock Market Today: July 19, 2018
Harvey S. Katz, CFA and Adam Rosner | 7/19/2018
The equity markets opened lower this morning, and remained mostly on the downside through the afternoon, as investors reacted negatively to a series of lackluster earnings reports. Further, concerns intensified that a broader trade war could develop between the United States and many other key countries. At the end of the session, the Dow Jones Industrial Average was down 135 points; the broader S&P 500 Index was off 11 points; and the NASDAQ was lower by 29 points.
Stocks / HighlightsDow 30 Earnings: American Express Second Quarter 2018
Ian Gendler | 7/18/2018
American Express, a Dow-30 component and one of the world's largest issuers of credit cards, has reported June-period financial results. Following the news, the stock traded modestly lower.
Markets / CommentariesStock Market Today: July 18, 2018
Harvey S. Katz, CFA and Robert Mitkowski | 7/18/2018
Stocks made selective progress today as earnings season shifted into high gear. At the close of trading, the Dow Jones Industrial Average was up 79 points and the S&P 500 rose six points. The NASDAQ lagged, though, in a flat showing after closing at an all-time high yesterday. The broader market showed about an eight-to-seven margin of winners over losers.
Stocks / HighlightsDow 30 Earnings: Johnson and Johnson Second Quarter 2018
James Flood | 7/17/2018
Johnson and Johnson’s second-quarter financials were solid, and the stock ticked higher on the news.
Stocks / HighlightsDow 30 Earnings: UnitedHealth Group Second Quarter 2018
Erik M. Manning | 7/17/2018
UnitedHealth Group, (UNH) the nation's largest medical insurer and a Dow-30 component, has reported its financials for the second quarter. Revenues and earnings for the three-month period bested both our and Wall Street's expectations, but the investment community has gotten used to UNH accomplishing that feat.