Shares of Wal-Mart
following the release of the company’s fiscal third-quarter results
Networking equipment and software vendor Cisco Systems
(CSCO) has reported in-line results for the October-quarter
. Revenue of $12.1 billion fell 2% year over year, matching our estimate. Overall, product sales decreased 3%, while service revenue rose 1%. Earnings per share of $0.61 were flat compared to last year and beat our call by a penny.
of The Home Depot
were little changed
after the home-improvement retailer
delivered solid fiscal third-quarter financial results
Shares of media conglomerate and Dow-30 component The Walt Disney Company
(DIS) are higher after the release of September-quarter results.
(AAPL) closed fiscal 2017
(ended September 30th) on a better-than-expected note
, which has propelled this Dow component to a fresh 52-week high above the $170 mark, and put the tech giant on course to be the first public company with a market capitalization of a trillion dollars. The blue-chip issue, notably, has already rallied almost 50% in value thus far in 2017.
of newly formed DowDuPont retreated after
of the chemicals manufacturer’s third-quarter
Drugmaker and Dow-30 component Pfizer reported better-than-expected September-quarter earnings, but the stock pulled back slightly following the release.
New Jersey-based drugmaker Merck
(MRK) has reported a third-quarter GAAP loss of $0.02 a share
, versus $0.78 in the comparable period of 2016. The sharp year-over-year decline in profits can be primarily attributed to a $2.35 billion charge related to the formation of an oncology collaboration with AstraZeneca and to a lesser extent reduced revenues (-2%).
Shares of Microsoft
(MSFT) rose sharply after the high-tech giant registered better-than-expected results for the fiscal first quarter (years end June 30th).
and Dow-30 member Chevron
continues to gain strength in 2017
with a solid share-net recovery taking place