Many people are familiar with
the consumer products offerings of 3M
, such as Scotch tape
notes. But there is much more to the company
than its consumer division, which is actually the smallest of five units (reorganized from six previously).
of Merck fell modestly
after the drugmaker
and Dow-30 member reported fourth-quarter results
were a bit better
, but soft 2016 guidance
and a top-line miss weighed on the stock
for the PREVNAR vaccine franchise
and strong growth in the oncology portfolio
and Dow-30 member Pfizer top
fourth-quarter adjusted earnings expectations
As expected, oil giant Exxon Mobil
reported a substantial drop
in fourth-quarter earnings
, due to the steep decline
in oil prices
over the past year, as well as lower natural gas price realizations
and Dow member Pfizer
(PFE) recently made headlines
when it announced in November, 2015 that it is planning to join forces with Ireland-based Botox maker Allergan plc
(AGN) in a mega merger
worth a jaw-dropping $160 billion. So what does this mean for the individual investor
looking to include the blue chip in a portfolio? For anyone seeking to gain insight here, the Value Line
report is certainly a good place to start.
Oil giant Chevron
has reported its first quarterly bottom-line loss
since the third quarter of 2002. The company reported fourth-quarter sales of $28 billion, 33% lower than the year-earlier tally of $42 billion. The bottom-line deficit was $0.31 a share, compared with last year's profit of $1.85. The stock fell slightly, in response
Electronic payments processor Visa
has reported results for the fiscal 2016 first quarter
(ended December 30, 2015). For the three-month stretch, revenues advanced 5.4% from the year-earlier period, to $3.57 billion, but fell short of our $3.73 billion target.
Software giant Microsoft
(MSFT) has released December-period results. The financial performance, which extended the good start recorded in the September quarter, was greeted warmly by investors, and MSFT shares rose nicely in morning trading, as a result.
Heavy equipment manufacturer Caterpillar has reported fourth-quarter sales
of $11.0 billion, which was a nearly 23% decline
from the year-earlier period and below our $11.5 billion estimate. The unfavorable performance was due largely to a worldwide commodities slump.
, an industrial conglomerate that is one of the 30 stocks in the Dow Jones Industrial Average, has reported fourth-quarter financials
that bested our expectations on both the top and bottom lines.