Conservative · Stocks to Consider and Updates

Oracle Beats Earning’s Estimates; Cloud Revenue Disappoints

Redwood City, California-based Oracle Corp. (NYSE: ORCL - $50.19) reported total second quarter revenues were up 6% to $9.62 billion compared to last year. Overall cloud revenue growth of 44% to $1.52 billion drove quarterly revenue and earnings higher, although slightly below where the Street was expecting at $1.56 billion. ORCL shares shed about 4% after hours on… Continue reading Oracle Beats Earning’s Estimates; Cloud Revenue Disappoints

Conservative · Stocks to Consider and Updates

WisdomTree International Equity Fund – Update

Since adding the WisdomTree International Equity Fund (NYSE: DWM - $55.25) to the conservative portfolio in April of this year, the shares have appreciated nearly 12% and provided a dividend yield equal to 3% on an annualized basis. As detailed in my original posting at the time, DWM seeks to track the price and yield… Continue reading WisdomTree International Equity Fund – Update

Conservative · Stocks to Consider and Updates

UPS Acquires Sandler & Travis Trade Advisory Services

Atlanta-based United Parcel Service (NYSE: UPS - $124.28) announced it has acquired Sandler & Travis Trade Advisory Services, the world’s largest independent provider of global trade management services, for an undisclosed amount. Sandler & Travis provides services in Asia, Europe, the Middle East, North America and South America and help clients comply with the ever-changing… Continue reading UPS Acquires Sandler & Travis Trade Advisory Services

Conservative · Stocks to Consider and Updates

CVS Health to Acquire Aetna

As I previously reported in October, CVS Health (NYSE: CVS - $71.02) said it has agreed to acquire Aetna, Inc.  in a transaction valued at about $69 billion. Under the terms, CVS will acquire all of Aetna's outstanding shares for a consideration of $207 per share, consisting of $145 in cash and 0.8378 CVS common share for each Aetna share. Including… Continue reading CVS Health to Acquire Aetna

Conservative · Stocks to Consider and Updates

Deere Reports Higher Sales and Profits; Improves Guidance

Shares of construction and agriculture equipment manufacturer Deere & Co. (NYSE: - DE - $143.50) are trading at an all-time high after reporting a 79% increase in profits for the fiscal fourth quarter over this time last year helped by increased sales as demand for equipment improves. Earnings were $510.3 million, or $1.57 per share, up from $285.3 million,… Continue reading Deere Reports Higher Sales and Profits; Improves Guidance

Conservative · Stocks to Consider and Updates

CVS Delivers Strong Results; Narrows Guidance

Stronger pharmacy sales boosted CVS Health Corp.'s (NYSE: CVS - $67.69) revenue in its latest quarter by 3.5% to $46.2 billion, matching what analysts expected. In its latest quarter, sales in CVS's pharmacy benefits management segment increased 8.1% to $32.9 billion, driven by growth in pharmacy network claims and specialty pharmacy volume. Retail segment sales, meanwhile, slipped 2.7% to $19.6… Continue reading CVS Delivers Strong Results; Narrows Guidance

Conservative · Stocks to Consider and Updates

Colgate-Palmolive Reports Profits In Line with Estimates

New York-based Colgate-Palmolive Co. (NYSE: CL - $69.86) a producer of oral care, pet food and other consumer goods, raised its projection for charges associated with its cost-cutting plan as it unveiled third quarter results which surpassed analysts' expectations on revenue. The company, which is overhauling its business, said it would extend the measures to… Continue reading Colgate-Palmolive Reports Profits In Line with Estimates