Income · Stocks to Consider and Updates

Intel Announces Share Buyback Program

Semiconductor behemoth Intel Corp. (NASDAQ: INTC - $48.61) announced that its Board of Directors has approved a $15 billion increase in its authorized stock repurchase program. The company had $4.7 billion remaining under its existing repurchase authorization as of Sept. 29, 2018. Under this authorization, Intel is not required to purchase shares, but may choose to do so in… Continue reading Intel Announces Share Buyback Program

Aggressive · Stocks to Consider and Updates

Applied Materials Reports In Line; Guidance Disappoints

Shares of chip equipment and display maker Applied Materials, Inc. (NASDAQ: AMAT - $34.39) are giving back some of yesterday’s gains after reporting final 2018 quarterly results. Adjusted earnings per share increased to a fourth period record of $0.97 from $0.93 a year earlier and matched the average estimate of analysts. Revenue increased to $4.01 billion, also in line… Continue reading Applied Materials Reports In Line; Guidance Disappoints

Income · Stocks to Consider and Updates

Cisco Beats Street Views; Guides In Line

Shares of networking equipment and software provider Cisco Systems (NASDAQ:  CSCO - $45.44) are ticking higher by 2.6% after reporting better-than-expected results for the first quarter of fiscal 2019. Revenue of $13.1 billion grew 8% year over year - also above expectations - with product sales up 9%, service revenue 3% and product orders advancing… Continue reading Cisco Beats Street Views; Guides In Line

Conservative · Stocks to Consider and Updates

CVS Delivers Strong Results; Confirms Guidance

Shares of drug store and pharmacy benefits manager CVS Health (NYSE: CVS - $77.08) are advancing over 4.5% following third quarter sales and earnings that beat the Street consensus. Net income totaled $1.39 billion up from $1.29 billion and adjusted earnings per share was $1.73 compared to $1.50 last year and two cents better than estimates. Revenue totaled $47.3… Continue reading CVS Delivers Strong Results; Confirms Guidance

Aggressive · Stocks to Consider and Updates

Stock to Consider: Marathon Petroleum

Last week I added Marathon Petroleum Corp. (NYSE: MPC - $69.83) to the aggressive portfolio, replacing Harris Corp., which is in the process of combining with L3 Technologies.        Marathon - headquartered in Findlay, Ohio - operates through three segments: Refining & Marketing (74% of revenue), Speedway (22%) and Midstream (4%). The company… Continue reading Stock to Consider: Marathon Petroleum

Income · Stocks to Consider and Updates

LyondellBasell Profits and Revenue Rise

Netherlands's LyondellBasell Industries N.V (NYSE: LYB - $86.03) reported a 5.4% rise in third-quarter profit as revenue increased. The chemicals and oil refining company earned a $1.11 billion, or $2.85 a share, compared with $1.06 billion, or $2.67, for the same period last year. Analysts were predicting $2.70. Sales rose to $10.16 billion from $8.52 billion and also exceeded Street expectations… Continue reading LyondellBasell Profits and Revenue Rise