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

Aggressive · Stocks to Consider and Updates

Marathon Petroleum Beats Earnings Estimates; Plans Spin Off of Retail Operations

Oil refiner and marketer Marathon Petroleum Corp. (NYSE: MPC - $63.62) reported third quarter profit that beat expectations but revenue that missed; announced plans to spin off its retail business; and said its long-time CEO plans to retire. Net income rose to $1.10 billion from $737 million in the year-ago period. Excluding non-recurring items, adjusted… Continue reading Marathon Petroleum Beats Earnings Estimates; Plans Spin Off of Retail Operations

Income · Stocks to Consider and Updates

Total Beats Estimates; Hikes Dividend

French energy giant Total SA (NYSE: TOT- $52.70) reported a slump in third-quarter earnings due to a plunge in oil and natural gas prices but a surge in production in the period helped beat sales and profit forecasts. Revenue from sales at the Paris-based company dropped to $42.54 billion for the period from $48.4 billion a year ago but was… Continue reading Total Beats Estimates; Hikes Dividend

Aggressive · Stocks to Consider and Updates

ON Semiconductor Reports Third Quarter Results

Chipmaker ON Semiconductor (NYSE: ON - $21.09) reported third quarter net income of $0.33 per share, down from last year's $0.57 and below the average analyst estimate of $0.36. Revenue was $1.38 billion, a 10% drop from the year earlier period and in line with Street view. The company is guiding revenue for the fourth… Continue reading ON Semiconductor Reports Third Quarter Results

Aggressive · Stocks to Consider and Updates

Cerner Reports In-Line; Maintains Outlook

Health care information technology provider Cerner Corp. (NASDAQ: CERN - $66.43) reported third quarter revenue was $1.429 billion, an increase of 7% compared to $1.340 billion in the third quarter of 2018, and in line with the analyst and company forecasts. Adjusted earnings were $211.7 million, compared to $209.4 million in the third quarter of… Continue reading Cerner Reports In-Line; Maintains Outlook

Conservative · Income · Stocks to Consider and Updates

Verizon Delivers In-Line Results; Inks Deal with Disney

Verizon Communications, Inc. (NYSE: VZ - $60.20) reported third quarter earnings of $1.25 a share, a penny above estimates and a modest 2% higher than a year-ago, on a 1% top-line improvement. Beginning in the June quarter, Verizon started reporting financial and operational results under its new operational structure: Consumer and Business.        Total Verizon… Continue reading Verizon Delivers In-Line Results; Inks Deal with Disney