Aggressive · Stocks to Consider and Updates

Gilead Sciences Records Strong Profits

Foster City, California-based Gilead Sciences announced total revenue for the first quarter of $5.3 billion compared to $5.1 billion in 2018. Adjusted net income was $2.3 billion of $1.76 per share vs. $2.0 billion of $1.48 per share last year. HIV product sales rose to $3.6 billion compared to $3.2 billion primarily driven by higher… Continue reading Gilead Sciences Records Strong Profits

Aggressive · Stocks to Consider and Updates

Marathon Petroleum Posts Lower Profits; Acquires Andeavor Logistics

Marathon Petroleum Corp. reported a first quarter loss of $7 million or $(0.01) per share. Refining & Marketing segment loss from operations was $334 million, Midstream segment income came in at $908 million and the Retail business had net income of $170 million. The company generated $1.6 billion of operating cash flow and returned $1.2… Continue reading Marathon Petroleum Posts Lower Profits; Acquires Andeavor Logistics

Income · Stocks to Consider and Updates

CVS Reports Strong Results; Lifts Guidance

Pharmacy and health insurer CVS Health (NYSE: CVS - $57.55) reported better-than-expected first-quarter results in the first full quarter that includes results from its acquisition of Aetna. Adjusted earnings climbed to $1.62 a share compared with $1.48 a share in the same period of 2018. The consensus was for $1.51 a share. Revenue rose 35% to $61.6 billion, beating the Street view… Continue reading CVS Reports Strong Results; Lifts Guidance

Aggressive

ON Semi Beats Earnings’ Views; Outlook Remains Soft

Phoenix-based ON Semiconductor Corp. (NASDAQ: ON - $22.44) reported revenue in the first quarter of $1.39 billion, up about one percent compared the first quarter of 2018 and in line with consensus. Adjusted earnings per share was $0.43 vs. $0.40 last year and three cents ahead of Street estimates. The company delivered relatively strong results… Continue reading ON Semi Beats Earnings’ Views; Outlook Remains Soft

Income · Stocks to Consider and Updates

Total Reports First Period Results; Hikes Dividend

French energy giant Total SA (NYSE: TOT - $56.04) reported adjusted operating income of $3.4 billion in the first quarter, an 1% increase compared to the first period of 2018. The Exploration and Production business operating income was $1.72 billion, five percent lower than a year-ago. The Integrated Gas and Renewables segment showed a 23%… Continue reading Total Reports First Period Results; Hikes Dividend

Conservative · Stocks to Consider and Updates

Colgate-Palmolive Reports First Quarter Results; Reaffirms Outlook

Oral health and household products company Colgate-Palmolive (NYSE: CL - $70.69) reported adjusted per share earnings of $0.67, ahead of the $0.66 consensus and seven cents less than last year. Sales fell 3% to $3.884 billion, a whisker ahead of the $3.862 billion estimate figure. Gross profit margins, however, declined to 58.9% from 60.2%. Global… Continue reading Colgate-Palmolive Reports First Quarter Results; Reaffirms Outlook