Electronic payments processor Visa
delivers strong June-period
top- and bottom-line results
, fueled by a surge in payments volume
. The shares are up modestly on the news.
(GE) shares dipped
this morning after the industrial conglomerate
released its second-quarter financial results
Shares of Microsoft
are little changed
after the high-tech giant posts better-than-expected results
for the fiscal fourth quarter
(ended June 30th).
Property/Casualty insurance behemoth Travelers Companies (TRV) has reported somewhat mixed results for the second quarter. On the bright side, net premiums earned increased 4.7% from the year-earlier period, to just over $6.35 billion. However, earnings from operations, which excludes capital gains and losses from investments, were $1.92 a share, well below the previous-year tally of $2.20 and our $2.16 estimate.
American Express posts better-than-expected
, but the Costco loss
seems to still be
in the back of investor’s minds.
International Business Machines
(IBM) reports softer-than-expected June-quarter results
, sending the stock trading lower
and Johnson’s quarterly report
and the investment community bid the shares slightly higher
Shares of the nation's largest health insurer UnitedHealth Group
(UNH) were down a bit in recent market action. The modest decline was in response to the company announcing second-quarter financials
that resulted in earnings surpassing consensus expectations and sales coming in on par with what most were looking for. Based on past performance, the market was likely expecting a top-line beat, and some investors probably sold when that did not materialize. Too, the uncertainty in Washington surrounding the future of healthcare policies here in America might have prompted some parties to take profits at this time; UNH stock is up 32% in the trailing 12-month period.
Despite a healthier operating climate
were not pleased
with Goldman Sachs’ second-quarter
revenues and earnings
and Dow-30 member JPMorgan Chase & Co
. announced better-than-expected June-quarter earnings
, but the stock pulled back.