Conservative · Stocks to Consider and Updates

Oracle Beats Earnings Views; Revenue Falls

Software giant Oracle Corp. (NYSE: ORCL - $47.39), which is in the midst of a major transition from selling in-house application software to cloud-based services, reported adjusted earnings of $0.80 per share in the fiscal second quarter compared to $0.70 last year and two cents ahead of analysts’ consensus estimates.  Revenue of $9.56 billion was down from $9.63 billion a year… Continue reading Oracle Beats Earnings Views; Revenue Falls

Conservative · Stocks to Consider and Updates

ABB Sells Power Grid Business

 Swiss-based ABB Ltd. (NYSE: ABB - 19.31) said its engineering group will now focus on digital industries and simplify its business after selling an 80 percent stake in its power grids business to Japanese firm Hitachi. The Zurich-headquartered company, which said the deal is expected to close by the first half of 2020 pending approvals, is… Continue reading ABB Sells Power Grid Business

Conservative · Stocks to Consider and Updates

Deere Hikes Dividend

Deere & Co. (NYSE: DE - $154.39) the Moline, Ill. maker of farm, construction and forestry machinery said its Board of Directors raised the quarterly dividend 10% to $0.76 per share from $0.69, striking a confident tone despite a slowdown in agricultural sales. Deere last month said its world-wide farm-equipment sales would rise just 3% this fiscal year, down… Continue reading Deere Hikes Dividend

Conservative · Stocks to Consider and Updates

WisdomTree International Equity Fund – Update

Shares of the WisdomTree International Equity Fund (NYSE: DWM - $48.86) have been virtually flat since entering the conservative list eighteen months ago. Including distributions, the ETF has returned about 1% to shareholders over the past year with foreign markets being hard pressed to show signs of meaningful growth as Brexit worries, a global economic… Continue reading WisdomTree International Equity Fund – Update