Markets / Commentaries
Stock Market Today: April 27, 2017
Harvey S. Katz and Adam Rosner | 04/27/2017
The equity market put in a somewhat directionless performance today. At the close of trading, the Dow Jones Industrial Average and the S&P 500 showed only modest gains, while the NASDAQ managed to advance 24 points. Market breadth suggested a mixed quality to today’s trading, with advancers about even with decliners on the NYSE. The major stock sectors were divided, as sizable losses in the energy and basic materials issues offset gains in the healthcare and technology names.
Stocks / HighlightsDow 30 Earnings: United Technologies First Quarter 2017
Erik M. Manning | 04/26/2017
StockHighlightsDow 30 Earnings United Technologies First Quarter 2017United Technologies (UTX – Free United Tech. Stock Report), an industrial conglomerate and a Dow 30 component, has reported financial results for the first quarter of 2017. Revenues and earnings surpassed both our
Stocks / HighlightsDow 30 Earnings: Procter and Gamble Third Quarter Fiscal 2017
Orly Seidman | 04/26/2017
Shares of Procter and Gamble tumbled after the household goods titan released March-interim results that fell short what most on Wall Street had been looking for.
Stocks / HighlightsDow 30 Earnings: Boeing First Quarter 2017
Ian Gendler | 04/26/2017
Shares of Boeing (BA) slipped after the aerospace/defense giant posted mixed first-quarter results. The report was quite good, overall, and management raised its earnings guidance, but the equity was trading close to its all-time high going into the release, so the bar was set rather high and the figures were under a microscope.
Markets / CommentariesStock Market Today: April 26, 2017
Harvey S. Katz, Robert Harrington, and Robert Mitkowski | 04/26/2017
The major stock averages turned in a much tamer performance at mid-week, compared to the big rallies exhibited on Monday and Tuesday. After giving up their modest gains for the day, the Dow Jones Industrial Average closed 21 points lower; while the NASDAQ and the S&P 500 were largely flat. Market breadth on both the New York Stock Exchange and the NASDAQ remained positive, though, with advancing issues topping decliners despite the fade into the close. That suggests a still-bullish tone to underlying sentiment.
Stocks / HighlightsDow 30 Earnings: Coca-Cola First Quarter 2017
Robert M. Greene | 04/25/2017
The Coca-Cola Company (KO) continues to deliver lackluster results. With the release of March-quarter numbers, the beverage giant has now reported eight consecutive quarters of negative earnings comparisons. In this case, share net declined 4%, to $0.43, coming in a penny below our estimate
Stocks / HighlightsDow 30 Earnings: Caterpillar Inc. First Quarter 2017
Dominic Silva | 04/25/2017
Caterpillar (CAT) reported good first-quarter results, while boosting its full-year 2017 outlook.
Stocks / HighlightsDow 30 Earnings: 3M Company First Quarter 2017
William G. Ferguson | 04/25/2017
Diversified manufacturing giant 3M Company (MMM) got off to a good start in 2017. The Dow-30 company reported share earnings of $2.16, which was up 5.3%, year over year, and surpassed our expectation of $2.08. The biggest surprise, though, was a better-than-expected top-line performance. Indeed, the company posted sales of $7.685 billion, which represented a nearly 4% year-to-year increase and exceeded both our forecast ($7.475 billion) and the meager 0.4% advance recorded in the final quarter of 2016.
Stocks / HighlightsDow 30 Earnings: DuPont First Quarter 2017
Michael Napoli | 04/25/2017
Diversified chemicals manufacturer and Dow-30 component DuPont delivered solid first-quarter results. Performance was favorable in most segments, and moderate volume growth helped.