Investors appeared pleased with Procter and Gamble’s
September-period results, as well as its decision to exit the Duracell personal power business by creating a stand-alone Duracell company.
(RPM) provides specialty chemical products
for the industrial and consumer markets. The company sells high-quality specialty paints
, protective coatings
, roofing systems
, and adhesives
for the September period
was a good
one, with investors being generally pleased. Indeed, MSFT shares moved modestly higher, in response.
announced plans to spin off
electronic payment processor PayPal
. The move came as a surprise, as activist-investor Carl Icahn
made headlines earlier this year with a seemingly-failed push to get the online auctioneer
the segment. Why did management decide to pursue this course?
(CAT) shares rose nicely after the heavy equipment manufacturer
and Dow-30 staple reported strong third-quarter earnings
AT and T
one of the nation's largest telecommunications companies, has reported third-quarter results that were on the disappointing side, putting modest pressure on this Dow component.
Industrial conglomerate 3M Company
recently reported good third-quarter results. Revenues came in at $8.1 billion, a 3% improvement from the year-earlier figure. The number was about $100 million lighter than both we and Wall Street
were expecting. Organic growth was positive in all of the company's businesses and in all geographies
The Boeing Company
, the world's largest aerospace/defense
corporation, achieved strong bottom-line results
in the third quarter. Margins widened, as well.
Dow-30 component Coca-Cola
reported lackluster results for the third quarter, with the stock trading notably lower on the news.
Shares of McDonald's Corp.
(MCD) fell slightly after the restaurant operator delivered third-quarter sales that fell short of investors' expectations