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

Conservative · Stocks to Consider and Updates

Colgate Beats Earnings’ Estimate; Margins Under Pressure

Colgate-Palmolive Co. (NYSE: CL -$66.74) reported third quarter sales increased about 2% from a year earlier, helped by higher volumes and prices. The maker of its namesake toothpaste, Irish Spring and Speed Stick deodorant reported a profit of $578 million compared with $523 million a year ago. Excluding one-time costs, the company reported an adjusted… Continue reading Colgate Beats Earnings’ Estimate; Margins Under Pressure

Aggressive · Stocks to Consider and Updates

International Paper Tops Earnings Estimates; Misses on Revenue

International Paper Co. (NYSE: IP - $43.72) posted third-quarter profits that topped expectations, but sales fell a bit shy of Wall Street's forecasts. The Memphis, Tenn., paper company reported adjusted third-quarter earnings of $1.09 a share compared to $1.56 last year. Analysts on average, were expecting an adjusted profit of $0.99 a share. Sales fell 5.6%, to $5.57 billion, missing Wall Street's estimate of $5.61 billion.… Continue reading International Paper Tops Earnings Estimates; Misses on Revenue