Income · Stocks to Consider and Updates

Intel Beats Estimates; Second Quarter Guidance Disappoints

Chip behemoth Intel Corp. (NASDAQ: INTC - $51.97) reported March-quarter sales of $16.1 billion that were flat compared to a year ago, but a tad higher than estimates of $16.03 billion.  Likewise, adjusted earnings per share were two cents higher than consensus estimates and two cents better than the first quarter of 2018, but profit… Continue reading Intel Beats Estimates; Second Quarter Guidance Disappoints

Income · Stocks to Consider and Updates

Johnson & Johnson Increases Dividend

Johnson & Johnson (NYSE: JNJ - $139.65) announced that its Board of Directors has declared a 5.6% increase in the quarterly dividend rate from $0.90 to $0.95 per share.  This is the 57th consecutive year the Brunswick, New Jersey-based health care company increased its payout. At the new rate, the indicated dividend on an annual basis… Continue reading Johnson & Johnson Increases Dividend

Aggressive · Stocks to Consider and Updates

Cerner Reports In-Line; Reaffirms Guidance

Health care information technology services provider Cerner Corp. (NASDAQ: CERN - $64.60) reported first quarter revenue of $1.39 billion, an increase of 8% compared to $1.293 billion in the first quarter of 2018 and in line with consensus. Adjusted earnings were $198.5 million versus $193.9 million last year and earnings per share was $0.61 compared… Continue reading Cerner Reports In-Line; Reaffirms Guidance

Aggressive · Stocks to Consider and Updates

Newmont Beats Earnings Views; Revenue Misses

Newmont Goldcorp Corp. (NYSE: NEM - $31.21) gave investors a last look at Newmont Mining's books before its merger with Goldcorp. The pre-merged company’s first-quarter profit fell 55% from a year earlier as the company recorded higher expenses and weaker sales. Net income fell to $87 million down from $192 million. Excluding special items like… Continue reading Newmont Beats Earnings Views; Revenue Misses

Aggressive · Stocks to Consider and Updates

International Paper Delivers Solid Earnings

Shares of International Paper Co. (NYSE: IP - $46.07) are moving higher by 4% after a profit beat offset a slight revenue miss. Memphis, Tennessee-based IP said it had net income of $424 million, down from $729 million in the year-earlier period. Adjusted per-share earnings, however, came to $1.11 vs. $0.94 last year and ahead… Continue reading International Paper Delivers Solid Earnings

Conservative · Stocks to Consider and Updates

UPS Delivers Weak Results; Maintains Guidance

United Parcel Service, Inc. (NYSE: UPS - $106.32) blamed harsh winter weather in the United States as it reported lower-than-expected first-quarter profit, sending shares down more than 7% in today’s trading. Despite the rough start to the year, the world's largest package delivery company stuck by its forecast for 2019 earnings of $7.45 to $7.75… Continue reading UPS Delivers Weak Results; Maintains Guidance

Conservative · Stocks to Consider and Updates

3M Misses Estimates; Reigns in Guidance

Shares of 3M Co. (NYSE: MMM - $192.10) are tumbling about 12% after the diversified manufacturer announced disappointing first-quarter financial results and slashed guidance. The company earned $2.23 a share for the March quarter, 11% off the year-earlier tally and well below the Street $2.49 estimate. A top-line miss was a big reason for the… Continue reading 3M Misses Estimates; Reigns in Guidance