Aggressive · Stocks to Consider and Updates

Applied Materials Posts Strong Results; Ups Guidance

Semiconductor equipment and display manufacturer Applied Materials, Inc. (NASDAQ: AMAT - $62.23) posted fourth quarter revenue of $3.8 billion, which came in toward the high end of management's expected range and was about 2% ahead of the consensus estimate. Revenue was off 7% year-over-year, but up 5% sequentially, driven by solid demand in the Foundry… Continue reading Applied Materials Posts Strong Results; Ups Guidance

Income · Stocks to Consider and Updates

Cisco Beats Estimates; Outlook Disappoints

Networking equipment and software maker Cisco Systems (NASDAQ: CSCO - $44.91) reported mixed results for the fiscal first quarter and provided a cautious outlook on its operating environment, causing the shares to decline about 7% in early trading. Revenue came in at of $13.2 billion, up 1% from a year ago, slightly ahead of analysts’… Continue reading Cisco Beats Estimates; Outlook Disappoints

Income · Stocks to Consider and Updates

CVS Posts Strong Results; Raises Guidance

Woonsocket, Rhode Island-based CVS Health (NYSE: CVS - $70.56) reported a stronger-than-expected adjusted profit in the third quarter and raised its outlook for earnings. The company reported net income of $1.53 billion compared with $1.39 billion a year ago. Excluding certain items, CVS posted an adjusted profit of $1.84 a share compared to an adjusted $1.73… Continue reading CVS Posts Strong Results; Raises Guidance

Aggressive · Stocks to Consider and Updates

Newmont Misses Street Views on Higher Costs

Newmont Gold Corp. (NYSE: NEM - $37.62) missed Wall Street estimates for quarterly profit due to higher costs and the world's biggest gold miner cut its annual output target as production remained suspended at one of its largest mines in Mexico. Adjusted net income rose to $292 million, or $0.36 per share for the third… Continue reading Newmont Misses Street Views on Higher Costs

Income · Stocks to Consider and Updates

LyondellBasell Misses Forecasts; Outlook Positive

Chemical and oil refining giant LyondellBasell Industries (NYSE: LYB - $96.78) announced net income for the third quarter of $1.0 billion, equal to an adjusted $2.70 per share vs. $2.96 a year ago. Integration activities related to the acquisition of A. Schulman are on schedule and expected to generate approximately $125 million in forward annual run-rate synergies as… Continue reading LyondellBasell Misses Forecasts; Outlook Positive