Stocks / Highlights
Dow 30 Earnings: Wal-Mart Stores Fiscal Fourth Quarter 2017
Kevin Downing | 02/20/2018
Shares of Wal-Mart (WMT) dip following the release of the company’s fiscal fourth-quarter results and guidance.
Stocks / HighlightsDow 30 Earnings: The Home Depot Fiscal Fourth Quarter 2017
Ian Gendler | 02/20/2018
Shares of The Home Depot (HD) were up a bit after the home-improvement retailer delivered solid fiscal fourth-quarter financial results.
Markets / CommentariesStock Market Today: February 20, 2018
William G. Ferguson and Robert Harrington | 02/20/2018
U.S. stock market averages stumbled out of the gate on Tuesday. Declining issues doubled advancing shares, with only the technology sector managing to post a full-day aggregate gain. By the final hour, the Dow Jones Industrial Average and S&P 500 had fallen deeper into negative territory, while the once-strong NASDAQ finished near its breakeven line.
Stocks / HighlightsDow 30 Earnings: Coca-Cola Fourth Quarter 2017
Robert M. Greene | 02/16/2018
The Coca-Cola Company finished 2017 with a solid set of results. The beverage giant, one of the components of the Dow Jones Industrial Average, has reported December-quarter comparable earnings of $0.39 a share, a 5% increase from the prior-year period and a penny ahead of our estimate. (Our presentation excludes $1.05 in net nonrecurring charges, mostly related to the Tax Cuts and Jobs Acts.) Full-year profits finished at $1.91, flat with 2016, but still 8% below the $2.08 reached in 2013.
Markets / CommentariesStock Market Today: February 16, 2018
Harvey S. Katz, CFA and Mario Ferro | 02/16/2018
The major U.S. stock indexes started the Friday before the long President’s Day weekend somewhat undecidedly, but the bulls soon took over the reins. For a while, it looked like equities would easily chalk up a sixth straight win, but things got shaky after it was reported that 13 Russians were indicted for interfering with the 2016 U.S. elections.
Stocks / HighlightsDow 30 Earnings: Cisco Systems Second Quarter Fiscal 2018
Kevin Downing | 02/15/2018
Networking hardware and software giant Cisco Systems reported solid results for the January quarter. The top line rose 3.3% year over year to $11.9 billion, the first positive showing in two years. Adjusted earnings per share of $0.63 increased an impressive 11%.
Markets / CommentariesStock Market Today: February 15, 2018
Harvey S. Katz, CFA and Adam Rosenr | 02/15/2018
The stock market opened higher, quickly pulled back, and then staged a solid recovery that lasted through the afternoon. At the close of trading, the Dow Jones Industrial Average was ahead 307 points, crossing over the 25,000 mark; the broader S&P 500 Index was up 33 points; and the technology-laden NASDAQ was higher by 113 points. Market breadth was positive, with winners nicely ahead of losers on the NYSE. From a sector viewpoint, the utility shares and technology stocks led the market higher, while the energy names failed to participate in today’s advance.
Markets / CommentariesStock Market Today: February 14, 2018
Harvey S. Katz, CFA and Robert Mitkowski | 02/14/2018
The outcome was in doubt early on, but stocks shrugged off another inflation scare to finish the day sharply higher. At the close, the Dow Jones Industrial Average was up 253 points; the NASDAQ gained 130 points, which was a better showing on a percentage basis than the Dow; and the S&P 500 finished ahead by 36 points. Market breadth confirmed the upturn, as advancing issues outpaced decliners by better-than a two-to-one margin.
Markets / CommentariesStock Market Today: February 13, 2018
Harvey S. Katz, CFA and Adam Rosner | 02/13/2018
The stock market got off to a weak start this morning, but managed to reverse course, and move into positive territory in the afternoon. At the close of the session, the Dow Jones Industrial Average was ahead 39 points; the broader S&P 500 Index was up seven points; and the NASDAQ was higher by 32 points. Market breadth was somewhat favorable, as advancers led decliners by a modest margin on the NYSE.