Johnson & Johnson (NYSE: JNJ - $139.65) announced that its Board of Directors has declared a 5.6% increase in the quarterly dividend rate from $0.90 to $0.95 per share. This is the 57th consecutive year the Brunswick, New Jersey-based health care company increased its payout. At the new rate, the indicated dividend on an annual basis… Continue reading Johnson & Johnson Increases Dividend
Category: Stocks to Consider and Updates
Featured listings of the porfolio choices when they are added and future updates, arranged by sub-category.
Cerner Reports In-Line; Reaffirms Guidance
Health care information technology services provider Cerner Corp. (NASDAQ: CERN - $64.60) reported first quarter revenue of $1.39 billion, an increase of 8% compared to $1.293 billion in the first quarter of 2018 and in line with consensus. Adjusted earnings were $198.5 million versus $193.9 million last year and earnings per share was $0.61 compared… Continue reading Cerner Reports In-Line; Reaffirms Guidance
Newmont Beats Earnings Views; Revenue Misses
Newmont Goldcorp Corp. (NYSE: NEM - $31.21) gave investors a last look at Newmont Mining's books before its merger with Goldcorp. The pre-merged company’s first-quarter profit fell 55% from a year earlier as the company recorded higher expenses and weaker sales. Net income fell to $87 million down from $192 million. Excluding special items like… Continue reading Newmont Beats Earnings Views; Revenue Misses
International Paper Delivers Solid Earnings
Shares of International Paper Co. (NYSE: IP - $46.07) are moving higher by 4% after a profit beat offset a slight revenue miss. Memphis, Tennessee-based IP said it had net income of $424 million, down from $729 million in the year-earlier period. Adjusted per-share earnings, however, came to $1.11 vs. $0.94 last year and ahead… Continue reading International Paper Delivers Solid Earnings
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
3M Misses Estimates; Reigns in Guidance
Shares of 3M Co. (NYSE: MMM - $192.10) are tumbling about 12% after the diversified manufacturer announced disappointing first-quarter financial results and slashed guidance. The company earned $2.23 a share for the March quarter, 11% off the year-earlier tally and well below the Street $2.49 estimate. A top-line miss was a big reason for the… Continue reading 3M Misses Estimates; Reigns in Guidance
Verizon Delivers Mixed Results; Lifts Guidance
Verizon Communications, Inc. (NYSE: VZ - $57.26) reported adjusted earnings for the first quarter of $1.20 per share, up from $1.17 in the same period a year ago and four cents ahead of analysts’ estimates. Total revenue of $32.13 billion was up 1.1% from the same period a year ago, but a bit below what the Street was expecting at $32.3… Continue reading Verizon Delivers Mixed Results; Lifts Guidance
