, the world's fourth-largest oil company
based on proven reserves, saw its second-quarter sales
and earnings fall sharply
from a year earlier, as declines
in oil and natural gas prices
took a toll, as did costs
associated with decommissioning rigs and facilities
Oil giant Exxon Mobil
has reported second-quarter
of $1.00, close to our estimate, but significantly below the year-earlier tally
. The steep decline
in oil prices
over the past year proved a major stumbling block for corporate results, as did lower natural gas price realizations.
Household goods conglomerate and Dow-30 component Procter and Gamble has announced fourth-quarter and fiscal 2015 results
(year ended June 30th). The company posted top- and bottom-line declines for the full year, mainly due to currency headwinds. In response, the stock's price slipped.
(MMM) is a diversified manufacturer
and technology company
with operations in more than 70 countries. The Dow-30 component has a bevy of divisions with substantial positions
in everything from the industrial realm
to the consumer world
. It set records last year in terms of both revenue and earnings with totals of $31 billion and $7.49 a share, respectively. The stock recently traded at a new all-time high at just north of $170 a share. With that, we will take a look at the July 17, 2015 Value Line
report to get a better idea of which type of investors
these shares are best suited for at this juncture.
a New Jersey-based drugmaker and Dow-30 component
, has reported second-quarter adjusted earnings
of $0.86 a share, versus $0.85 in the comparable period of 2014. The bottom-line tally came in ahead of our $0.80 estimate thanks to better-than-expected sales growth in diabetes and cancer drugs, partially offset by a negative impact from the stronger dollar.
Strong gains in the PREVNAR vaccine franchise and better sales of the new breast cancer drug IBRANCE helped Pfizer’s
(PFE) second-quarter results to top expectations.
Diversified chemicals manufacturer
and Dow-30 component DuPont
delivered weaker-than-expected second-quarter results
. Although operating margins improved
in five of the company's six operating segments, driven by increased productivity, a stronger U.S. dollar hurt performance
across the board.
Electronic payments processor Visa
(V) has reported stellar results for the fiscal 2015 third quarter, and shares of the Dow-30 component moved notably higher in pre-market trading, as a result.
and Dow-30 component 3M Company
(MMM) posted disappointing second-quarter results
, sending its stock down.
(CAT) shares were a bit lower in early trading, touching a new 52-week low, after the heavy equipment manufacturer and Dow-30 staple lowered guidance for this year.