Aggressive · Stocks to Consider and Updates

CSX’s Quarterly Profit Tops Wall Street Target

Jacksonville, Florida’s CSX Corp. (NASDAQ: CSX - $72.20) said third quarter net earnings were $894 million, or $1.05 per share versus the $459 million or $0.51 per share in the same period last year, a 106% increase and ten cents ahead of analysts’ views. The rail and intermodal carrier’s revenue increased 14% over the prior year to $3.13 billion, supported by broad-based volume… Continue reading CSX’s Quarterly Profit Tops Wall Street Target

Income · Stocks to Consider and Updates

Johnson & Johnson Beats Expectations; Raises Outlook

Third-quarter sales at Johnson & Johnson (NYSE: JNJ - $136.20) rose 3.6% from a year ago to $20.35 billion. Analysts had expected $20.05 billion. World-wide sales in the Pharmaceutical division rose 6.7% to $10.3 billion aided by sales of cancer drugs Zytiga and Imbruvica as well as Tremfya for plaque psoriasis, among other medications. The troubled Consumer Segment turned… Continue reading Johnson & Johnson Beats Expectations; Raises Outlook

Aggressive · Stocks to Consider and Updates

Harris Reports Strong 1st Quarter Results; Plans Merger with L3 Technologies

Melbourne, Florida’s Harris Corp. (NYSE: HRS - $154.87) reported fiscal 2019 first quarter revenue of $1.5 billion, up 9% compared with the prior year with accelerated revenue growth across all business segments: Communications (revenue up 16%), Electronic Systems (up 9%) and Space & Intelligence Systems (up 5%). Net income increased 34% to $213 million and earnings per… Continue reading Harris Reports Strong 1st Quarter Results; Plans Merger with L3 Technologies

Aggressive · Stocks to Consider and Updates

Chase Posts Better-than-Expected Results; Outlook Cautious

JPMorgan Chase & Co. (NYSE: JPM - $107.31) said it earned $2.34 a share in the third quarter, compared with $1.76 in the year-earlier period and Street estimates of $2.20. Net interest income rose 7%, driven by higher interest rates and healthy loan and deposit growth. Non-interest revenues increased only 3%, with markdowns on certain… Continue reading Chase Posts Better-than-Expected Results; Outlook Cautious

Income · Stocks to Consider and Updates

Stock to Consider – Verizon Communications

As posted on October 5th, Verizon Communications, Inc. (VZ: NYSE - $53.77) is a worthwhile choice for those conservative investors with a craving for current income.  A household name for those who use their mobile services, New York-based Verizon is one of the world’s leading providers of communications, information, cloud computing and entertainment products and… Continue reading Stock to Consider – Verizon Communications

Aggressive · Stocks to Consider and Updates

Delta Air Beats Estimates; Raises Guidance

Atlanta’s Delta Air Lines (NYSE: DAL - $51.89) reported third quarter adjusted net profit of $1.3 billion for the third quarter, up 13% from a year earlier despite higher fuel costs and a $30 million hit from Hurricane Florence. Per share net was $1.80, up from $1.54 per share in the prior-year period and higher than the $1.74 Street estimate. Citing increased… Continue reading Delta Air Beats Estimates; Raises Guidance