Shares of The Home Depot
(HD) pulled back after the world's largest home-improvement retailer released mixed fiscal fourth-quarter
(ended February 3rd) results
and issued lackluster guidance. Sales in the final stanza of the year rose 10.9% from a year earlier, to $26.491 billion, nearly matching our $26.488 billion target. However, the figure fell short of the Wall Street consensus.
General merchandise retailer Walmart (WMT) reported better-than-expected results for the fiscal fourth quarter ended January 31, 2019, and the shares are higher on the news. Adjusted earnings per share rose 6% year over year to $1.41, higher than our estimate of $1.34. Numerous federal tax regulations issued in the quarter benefited earnings by about $0.04 per share.
The Coca-Cola Company's
(KO) 2019 outlook left investors wanting more
. On the positive side, the generally favorable trends in place throughout 2018 were again evident in the beverage giant's December-quarter results. Improvements in price and mix, for instance, helped to power 5% growth in organic revenues for both the fourth quarter and the full year. The company also showed progress revitalizing its portfolio of low- and no-calorie soft drinks, including the flagship Diet Coke
brand, which halted a multiyear decline in retail value.
Cisco Systems shares
continued to trade higher
on solid fiscal second-quarter results
as well as news of a dividend increase
and Dow-30 component The Walt Disney Company started fiscal 2019
in decent fashion
. The stock
is not moving much
at the open.
and Dow-30 member Chevron
has reported improved fourth-quarter profits
, and the investment community liked what it saw
New Jersey-based drugmaker and Dow-30 component Merck registered healthy adjusted December-period earnings. Wall Street liked these results.
Shares of oil giant Exxon Mobil got a lift when the company reported better-than-expected fourth-quarter earnings.
of DowDuPont head lower
of the diversified chemicals manufacturer’s fourth-quarter financial results
Microsoft reported revenue
of $32.47 billion
and $1.10 a share, respectively
, for its fiscal second quarter
(ended December 31st). This was a good financial performance
, in our view, with the numbers differing little from our estimates of $35.0 billion and $1.09 share.