How Post-Brexit Trade Deals Impact US Multinationals in Europe
If the United Kingdom doesn’t strike a deal with EU, tariffs on industrial goods and services would range between 0% and 16%, depending on the nature of the products.
US Stock Indices Plunge after Oil Prices Rebound
The three US equity indices that we review in this weekly series fell from December 8 to December 15, 2015, after a rebound in oil prices.
US Industrial Production Data Disappoint Investors
Data indicated that industrial production edged down by 0.17% in May. So far, the industrial production index has declined in four out of five months this year.
Could Norfolk Southern Increase Its Dividend in 2018?
On a long-term basis, NSC aims for a dividend payout ratio of 33.3%.
General Electric’s 1Q18 Earnings Beat Estimates
General Electric (GE) released its 1Q18 earnings on April 20. GE’s adjusted earnings per share were $0.16, up 14.0% year-over-year.
Why Are Analysts Expecting Honeywell’s EPS to Rise in 4Q16?
As of January 20, 2017, Wall Street analysts expect Honeywell (HON) to post adjusted EPS (earnings per share) of $1.74 in 4Q16.
Can 3M Beat Analysts’ Earnings Estimates in 4Q17?
3M (MMM) is expected to post earnings per share (or EPS) of $2.01 in 4Q17, an increase of 6.9% over 4Q16.
General Electric in 3Q16: How Has the Stock Performed So Far?
Industrial conglomerate General Electric (GE) will release its 3Q16 earnings on October 21, 2016. It is currently in a transformation phase, focusing on its core industrial business.
The Facts on 3M’s 3Q17 Dividend
On September 12, 3M will pay a dividend of ~$1.18 per share. Investors holding the stock on or before the record date of August 25, 2017, are eligible.
Strong Dollar Is Playing Spoilsport in International Trade
Exports account for about 14% of the US GDP. A stronger dollar has deteriorated competitiveness of US companies in international trade.
How the US employment situation compares with the Eurozone
For some large firms, and your investments in ETFs that track these firms, the employment situation in the Eurozone makes a difference.
Analysts Expect More than $10 Billion in Revenue for Honeywell
Honeywell (HON) is announcing its 4Q16 earnings on January 27, 2017.
Moody’s Rated Avery Dennison’s Commercial Paper Program to P-2
Avery Dennison (AVY) has a market cap of $6.2 billion. AVY fell by 0.32% to close at $69.01 per share as of March 15, 2016.
How Has Roper Technologies’ Stock Fared ahead of Its 2Q16 Earnings?
Roper Technologies’ stock has declined since July 2015, after touching a high of $195.93 per share on November 30, 2015.
Honeywell’s Performance Materials and Technologies: Why It Fell
Honeywell’s (HON) Performance Materials and Technologies (or PMT) segment accounted for 22.2% of HON’s total revenue in 2Q17.
Organic Growth Drives Up 3M’s 1Q17 Revenues
The rise in 3M’s revenue was primarily driven by better-than-expected organic growth across all segments, with the exception of the Consumer segment.
Is 3M Stock Bearing the Burden as the Trade War Intensifies?
Since 3M Company’s second-quarter earnings release on July 25, its stock is down 7.5% as of August 5. What’s causing the fall?
What Were the Overall Trends in Large-Cap Mutual Funds Last Year?
Most of the large-cap mutual funds have the information technology sector as their top choice.
Upbeat Earnings from Johnson & Johnson and 3M Boosted SPY
3M stock (MMM) jumped 5.2% after the company’s quarterly report beat analysts’ estimates.
Does GE Have Enough Free Cash Flow to Support Dividend Growth?
General Electric’s dividend compound annual growth rate in the last seven years ended in 2015 was 7.1%. This single-digit growth wasn’t that impressive.
Avery Dennison’s Top and Bottom Lines Rose in 2Q16
Avery Dennison (AVY) has a market cap of $6.8 billion. It rose by 5.7% to close at $76.37 per share on July 26, 2016.
Should You Buy 3M Stock Before Its Earnings Report?
Should You Buy 3M Stock for Its Dividends?
US Reports a Budget Deficit in May—Not a Cause for Concern
Though the US reported a budget deficit in May, its financial position was better than it had been in the previous year. Yet a budget deficit has no direct impact on companies or ETFs.
3M’s Electronics and Energy Segment: Why 1Q17 Revenue Rose
3M’s (MMM) Electronics and Energy segment is the company’s fourth-largest revenue contributor, with a revenue share of ~15.8% in 1Q17.
Lockheed Martin’s 4Q14 and full-year financial performance
Lockheed Martin (LMT) had a successful fourth quarter. Its net sales grew from $11.5 billion to $12.5 billion. The net earnings were $904 million for the quarter.
How General Electric Stock Has Trended Since 2Q17 Earnings
United States industrial behemoth General Electric (GE) is slated to release its 3Q17 earnings on October 20. Here’s what you need to know.
Will Boeing’s Win Lead to Sanctions on EU?
On May 15, the WTO decided that European aircraft maker Airbus got illegal government aid in two types of jetliners.
Can Honeywell Beat Analysts’ Adjusted EPS Estimate in Q2 2018?
Honeywell (HON) is expected to post adjusted EPS of $2.01 in Q2 2018, implying an increase of 11.7% YoY.
Why 3M’s Electronics and Energy Segment Operating Margin Jumped in 4Q16
The Electronics and Energy segment is 3M’s fourth-largest revenue contributor. It reported revenue of $1.21 billion in 4Q16, representing a 1% fall.
How Do Honeywell’s Latest Valuations Compare to Peers?
At present, Honeywell stock is trading at a premium compared to peer United Technologies after HON declared strong 4Q16 and full-year earnings on January 27, 2017.
How 3M’s Consumer Segment Performed in Q3 2018
3M’s (MMM) Consumer segment reported operating income of $291.0 million in the third quarter compared to $311.0 million in the third quarter of 2017.
3M Stock: Analysts Raise Target Price after Q1 Results
Today, several analysts raised their target price for 3M (NYSE:MMM) stock. The company reported better-than-anticipated first-quarter results on April 28.
Caterpillar Reports Weak Q1 Performance, Withdraws Guidance
Today, Caterpillar reported its first-quarter earnings results. For the quarter, the company reported an adjusted EPS of $1.60 on revenues of $10.64 billion.
Analyzing Industrial Giant 3M before Its Q1 Earnings
Lately, 3M (NYSE:MMM) has been in the news due to increased demand for its N95 masks amid the COVID-19 outbreak.
Citi Downgrades 3M Stock—Cold Christmas Ahead?
3M stock was downgraded today by a Citi analyst from “buy” to “neutral.” The stock has been under pressure with a loss of over 10% year-to-date. Here’s why.
Get Real: New Targets and Turnaround Hopes
In this morning’s edition of our daily market newsletter, Get Real, we looked at Trump’s new tariff targets, a 5G network launch, and turnaround hopes.
3M Stock: Could December Redeem Its Year?
3M stock has lost 11.7% in 2019, lagging the S&P 500’s 24.2% YTD gains. While the S&P 500 is close to its all-time-high, 3M is closer to its 52-week low.
Why Lockheed Martin’s growth is leading to strong earnings
As we’ve seen in the last few articles of this series, Lockheed Martin’s (LMT) management has been trying different strategies to drive growth in its revenue and earnings. These efforts seem to have paid off.
Get Real: Tesla Finds Redemption, Other Companies Struggle
Elon Musk found redemption in Tesla’s strong Q3 results. US steel led the downward spiral in the market along with Twitter and Nokia.
3M Earnings Postmortem: Were Analysts Too Harsh?
With the final bell ringing for the trading day and 3M (MMM) stock closing down approximately 4%, there’s a distinct sense of disappointment in the air.
3M Earnings: Q3 Revenue Miss, Lower 2019 Guidance
Industrials bellwether 3M (MMM) reported its Q3 earnings today—missing its revenue game and lowering its 2019 aim. CEO Mike Roman weighed in.
Dow Jones Futures Are Flat: Watch Out for Data!
Dow Jones Futures are pointing to a flat opening for the day. The flash PMI data and other economic data releases might impact markets today.
Cramer Weighs In on Boeing and Caterpillar Earnings
Yesterday, CNBC’s ‘Mad Money’ host, Jim Cramer, weighed in on Caterpillar and Boeing third-quarter earnings and the stock market reaction.
Caterpillar: Lower Q3 Results, Earnings Guidance Fell
Caterpillar reported its third-quarter earnings today. The company’s revenues fell to $12.8 billion—a 6% fall compared to the same quarter in 2018.
Earnings Preview: Boeing, Caterpillar, 3M, GE, and More
Honeywell kicked off industrials earnings season, beating estimates. With Boeing, Caterpillar, 3M, GE, and more reporting soon, here’s what to expect.
Is 3M’s Biggest-Ever Acquisition Worth the Cost?
3M (MMM) recently spent $6.7 billion to acquire Acelity, a medical-tech company with concentrations in specialized surgical applications and wound care.
Dow Jones Index Falls after Rising for Eight Days
The Dow Jones Industrial Average Index has fallen 0.4% or by 115 points today. The index is trading lower after rising for eight consecutive trading sessions.
Cummins Stock Up on Q3 2018 Earnings Beat
Cummins (CMI) reported its third-quarter earnings today before the markets opened. The engine manufacturer (IYJ) beat Thomson Reuters’ adjusted EPS estimate by a wide margin.
Trade War Escalated, Airline Stocks Fell
US airline stocks fell drastically on August 23. The industry seems to be bearing the brunt of the escalating trade war and sluggish economic growth concerns.
Is Down the Only Way to Go for US Equity Markets?
Investors have been worried about the coming earnings cliff, and rightly so.
Does the US Economy Really Need a Rate Cut?
The markets are pricing in a Fed rate cut this week. The Fed has taken a dovish stance this year after hiking rates four times last year.
3M Beats Estimates, Stock Falls: Here’s Why
3M (MMM) stock soared 4.0% on Thursday in pre-market trading after the company exceeded Wall Street’s second-quarter earnings and revenue estimates.
Why 3M Stock Is Soaring despite Its Q2 Profit Dropping
3M (MMM), a diversified technology company, reported its Q2 earnings today before markets opened.
3M’s Q1 Earnings Disappointed Investors
3M (MMM) announced its first-quarter earnings on April 25.
3M: Analysts’ Views before Its Q1 Earnings
Among the analysts tracking 3M, 32% recommended a “buy,” 47% recommended a “hold,” and 21% recommended a “sell.”
Boeing Gains on US-China Trade Optimism and 737 Max Software Fix
On April 4, Boeing gained ~3% on growing optimism about a US-China trade deal, which investors believe would bring massive orders for its 737 Max commercial jets.
BioPharma Sale to Strengthen General Electric’s Balance Sheet
In late February, General Electric (GE) made a breakthrough toward reducing its debt obligation and strengthening its balance sheet.
GE Wraps Up Q1 with a 37% Gain in Its Stock Price
Shares of GE have been surging since the beginning of the year and have probably seen the highest gain ever in a first quarter.
Dow Outperforms Other Indexes due to Surge in Boeing Stock
The Dow Jones Industrial Average registered minor gains on March 25, while other major US indexes fell.
3M Launches Expanded Beam Ferrule and Connector System
In a press release on March 5, 3M (MMM) announced that it unveiled its new Expanded Beam Optical Connector System.
3M Announces 100% Global Renewable Electricity Goal
In a press release today, 3M (MMM) announced that it’s committed to implementing a 100% renewable electricity program in all of its facilities around the world.
GE Soared after Larry Culp Stresses Debt Cut and Dividend Boost
General Electric (GE) was trading 1.4% higher in pre-market trading today after CEO Larry Culp reassured investors the company would return to a “position of strength.”
GE Shares Rose 2.5%, Analysts Turned Bullish on the Stock
On February 26, General Electric (GE) shares rose after several analysts provided positive comments about its recent deal.
Year-Long GE Transportation-Wabtec Merger Completed
General Electric (GE) closed the year-long pending merger of its Transportation business unit with Wabtec today.
GE Stock Rises on Announcement of BioPharma Unit Sale to Danaher
General Electric (GE) revealed today that it has entered a definitive agreement to sell its BioPharma business to Danaher.
Honeywell to Pay First-Quarter Dividend
Honeywell (HON) announced the key dates for its first-quarter dividend. The dividend is slated to be paid to eligible shareholders on March 8.
General Electric Rose ~4%, Most Gas Turbine Orders in 2018
General Electric (GE) shares rose ~4% on February 13. The company’s Power division had the most orders for gas turbines in 2018.
The 3M Company Announces Leadership Changes
Today, the 3M Company made an announcement that its board of directors would be nominating CEO Mike Roman to the position of chairman.
Honeywell Rises on Its Q4 Earnings Beat and Better 2019 Outlook
Honeywell International (HON) announced its fourth-quarter earnings results before the market opened on February 1, 2019.
GE Soars 4% after Wabtec Deal Gets More Lucrative
General Electric (GE) stock gained over 4% last Friday after the company announced that the GE Transportation-Wabtec merger deal had been revised.
Analyzing 3M’s Stock Performance since Its Q3 Earnings
In a press release on November 28, 3M said that it would announce its fourth-quarter earnings results before the market opens on January 29.
GE Stock Fell 4% on Uncertainty about Airline Leasing Unit Sale
General Electric (GE) fell ~4.4% yesterday after market experts questioned how much the company could make from selling its airline-leasing unit.
GE Transportation-Wabtec Merger Gets Another Step Closer
General Electric’s Transportation unit and Wabtec got another step closer toward their proposed $11.1 billion merger with approval from the US Department of Justice.
3M and ON Semiconductor Collaborate to Improve Road Safety
On January 9, 3M (MMM) announced that it has entered into a collaboration with ON Semiconductor to improve the road safety.
Is It the Right Time to Invest in GE Stock at Current Multiples?
Last year’s ~57% plunge in General Electric (GE) stock has made its valuation attractive in the industrial sector.
GE Received Rating Upgrades from Top Research Firms
It seems that General Electric’s (GE) newly appointed CEO Larry Culp’s quick action on implementing restructuring plans has helped the stock gain analyst confidence.
GE Brings New Leadership to Revamp Ailing Power Business
In mid-November 2018, General Electric’s (GE) newly appointed CEO Larry Culp announced a leadership shuffle to help turn around the company’s ailing Power business.
Honeywell Bags Contract to Modernize Kunsan Air Base
On January 3, Honeywell (HON) announced that it had bagged a project to modernize the Kunsan Air Base, a US Air Force base in South Korea.
Illinois Tool Works’ Dividend Yield Is Rising
As of December 20, Illinois Tool Works’ dividend yield stood at 2.84%—an increase of 32 basis points compared to the third quarter.
Illinois Tool Works’ Fourth-Quarter Dividend
In the first three quarters of 2018, Illinois Tool Works has generated a free cash flow of $1.72 billion.
Why General Electric’s Troubled Power Business Hurts Its Growth
Once General Electric’s (GE) main growth engine, the Power segment is struggling to cope with changing industry dynamics.
Stanley Black & Decker’s Q4 2018 Dividend: Key Dates and Rates
For the fourth quarter, Stanley Black & Decker declared a dividend of $0.66 per share.
3M: Analysts Revised the Target Price
For 3M stock, 37% of the analysts recommended a “buy,” 42% recommended a “hold,” and 21% recommended a “sell.”
3M: Investors’ Fourth-Quarter Dividend
Investors who hold 3M stock as of the close on November 23 in the company’s record will be eligible for the fourth-quarter dividend.
GE Shuffles Leadership to Revamp Struggling Power Unit
Yesterday, General Electric (GE) announced a leadership shuffle to help turn around its ailing power business.
Honeywell Increased Fourth-Quarter Dividend
Honeywell declared a fourth-quarter dividend of $0.82 per share, an increase of 10% over the corresponding quarter of last year.
ITW’s Debt Declines, Debt-to-Equity Continues to Rise
Illinois Tool Works (ITW), a specialized industrial equipment manufacturer, reported debt of $7.40 billion at the end of the third quarter.
3M Stock Drops 4.4% on Disappointing Q3 2018 Earnings
Today, 3M (MMM) reported Q3 2018 revenues of $8.15 billion, down 0.25% year-over-year. 3M missed analysts’ expectations of $8.39 billion.
Honeywell’s Q3 Adjusted EPS Beat Estimates, Stock in the Red
Honeywell (HON) announced its Q3 2018 earnings on October 19. It reported adjusted EPS of $2.03, implying a 16.7% growth year-over-year.
Honeywell Beats Estimates Again in Q3 2018: Stock Rises
Honeywell (HON) reported third-quarter adjusted EPS of $2.03, an increase of 16.7% year-over-year, beating analysts’ expectation of $1.99.
Updates on 3M Company’s Product Launches
3M Company (MMM) remained busy last week, launching two new products in different segments.
3M’s Unfunded Pension Funds: Analyzing the Trend
3M offers pension and post-retirement benefit plans to its employees. The company has more than 75 defined benefit plans in 27 countries.
3M Stock Continued to Struggle, Remained in the Red
As of September 26, 3M (MMM) stock continued to trade sideways and remained in the red. On a YTD basis, 3M stock has declined 10.3%.
Cummins Partnering with Kamaz for Electrified Power Solutions
On September 20, Cummins (CMI) entered into an agreement with Kamaz to develop electrified power solutions for battery-powered vehicles.
Trade War Could Add to GE’s Operating Margin Woes
In 2017, General Electric received $22.3 billion of its total $122.1 billion in revenues from Asia. The revenues accounted for 18.3% of GE’s total revenues.
General Electric’s Renewable Energy Business
On September 24, General Electric’s (GE) Renewable Energy division launched its new onshore turbine platform named “Cypress.”
How Bears Look at General Electric’s Gas Turbine Issue
The markets were surprised when General Electric (GE) retained the GE Power segment at its investor update on June 26.
What Does the Stockpile of 737s Mean for Boeing Investors?
According to Boeing’s latest guidance, it expects to deliver 810–815 commercial aircraft in 2018.
Caterpillar’s Revenues: Highest Growth in More than Six Years
Caterpillar (CAT) reported revenues of $14.01 billion in the second quarter—an increase of 23.7% on a YoY (year-over-year) basis.