Conservative · Stocks to Consider and Updates

Schlumberger Meets Earnings Views on Better-than-Expected Revenue

Houston’s Schlumberger, Ltd. (NYSE: SLB - $38.33) reported second-quarter revenue that was ahead of analysts' expectations, driven by gains in its international business as the world's largest oil-field services provider said there were more signs of an upturn in exploration and production. Revenue was almost flat year-on-year at $8.27 billion compared with $8.3 billion a… Continue reading Schlumberger Meets Earnings Views on Better-than-Expected Revenue

Conservative · Stocks to Consider and Updates

Danaher Delivers Strong Sales and Earnings; Raises Guidance

Washington, DC-based science and medical technology company Danaher Corp. (NYSE: DHR - $141.54) posted higher earnings in the second quarter as revenue rose. The company earned $708.6 million, or $1.19 a share on an adjusted basis, compared to $1.15 a year earlier and topping Street expectations by three cents. Revenue for the quarter was $5.16… Continue reading Danaher Delivers Strong Sales and Earnings; Raises Guidance

Conservative · Stocks to Consider and Updates

Colgate-Palmolive to Buy Filorga

As part of its strategy to focus on its higher-margin oral care, personal care and pet nutrition businesses, and expanding its portfolio in premium skin care, Colgate-Palmolive Co. (NYSE: CL - $74.38) announced that it has agreed to acquire the Laboratoires Filorga Cosmétiques Skin Care Business for a purchase price of approximately $1.69 billion. Filorga… Continue reading Colgate-Palmolive to Buy Filorga

Conservative · Stocks to Consider and Updates

Oracle Posts Strong Profits; Ups Outlook

Shares of Oracle Corp. (NYSE: ORCL - $57.21) are trading at an all-time high on surprisingly strong results for the enterprise software company’s fiscal fourth quarter. For the period the company reported revenue of $11.14 billion, up 1% year over year, or 4% in constant currency, ahead of the Wall Street consensus of $10.95 billion,… Continue reading Oracle Posts Strong Profits; Ups Outlook

Conservative · Stocks to Consider and Updates

WisdomTree International Equity Fund – Update

In view of the global market’s sluggish performance of late, the shares of the WisdomTree International Equity exchange traded fund (NYSE: DWM - $49.83), have held up reasonably well since it was added to the conservative candidate list in April, 2017 appreciating about one percent and providing conservative investors with an annual 3.71% dividend yield.… Continue reading WisdomTree International Equity Fund – Update

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

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