Conservative · Stocks to Consider and Updates

ABB Wins Contracts

Electrification and industrial automation company ABB, Ltd. (NYSE: ABB - $23.51) said that it has won a $174.8 million contract to supply power to Genting Hong Kong Ltd.'s next generation of cruise vessels. The Swiss engineering company said it will power six vessels, each 938 feet long. The new ships will be powered by ABB’s Azipod… Continue reading ABB Wins Contracts

Conservative · Stocks to Consider and Updates

Oracle Posts Mixed Results; Reaffirms Outlook

Shares or Oracle Corp. (ORCL: NYSE - $54.85) were trading about 3% lower after the enterprise-software giant posted mixed results for its second fiscal quarter. For the period ended Nov. 30, the company' revenue totaled $9.61 billion, up 1% year-over-year, a little shy of Wall Street estimates at $9.65 billion. Management had projected revenue growth… Continue reading Oracle Posts Mixed Results; Reaffirms Outlook

Conservative · Stocks to Consider and Updates

Deere Profits Fall; Trims Outlook

Fourth quarter profits at Deere & Co. (NYSE: DE - $168.55) dropped 8% from a year ago and management issued a weak forecast for 2020 as U.S. trade disputes and bad weather squeezed it biggest customer, the American farmer. Deere now expects next year’s sales of agriculture and turf machinery to slide 5% - 10% compared with… Continue reading Deere Profits Fall; Trims Outlook