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Companies that not only tend to beat the market, but pay you as they do.
A unit of ExxonMobil (XOM) inks a deal to employ a bunker tanker in Singapore for delivering marine fuel with minimal sulphur content to seafaring vessels.
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Medtronic stock rocketed to a record high in early trading on the stock market Tuesday on a "big boy" earnings report that also assuaged worries of a downfall in diabetes device sales.
DOW UPDATE The Dow Jones Industrial Average is flat Tuesday morning with shares of Home Depot and Apple Inc. seeing positive gains for the index. The Dow (DJIA) is trading at 26,136, unchanged from yesterday's close.
Shares of Medtronic PLC ran up 4.8% toward a record high in morning trading, to top the S&P 500's list of gainers, after the medical technology company reported second-quarter results that beat expectations and raised its full-year profit outlook. The stock was also the leading gainer within the SPDR Health Care Select Sector ETF . The stock has now run up 8.1% amid a 4-session win streak, which would be the best 4-day stretch since it ran up 10.2% in the four days ending Oct. 2, 2015. SVB Leerink analyst Danielle Antalffy said that despite a decline in the cardiac and vascular group business segment, which is Medtronic's largest by revenue, the company still delivered a total revenue beat, "which we think highlights the strength of [Medtronic's] broad-based business model." The stock has hiked up 20% year to date, while the health care ETF has tacked on 5.5% and the S&P 500 has advanced 16%.
Terex's (TEX) performance is affected by the AWP segment's trimmed outlook, adverse foreign currency-exchange impact, product mix, dismal sales growth and softer production volume.
Medtronic (MDT) displays improved performances at CER, banking on growth across all major segmental businesses as well as geographies.
The South Texas Drilling Permit Roundup is a weekly review of new drilling permit applications filed with the Railroad Commission of Texas for a 67-county area of South Texas.
Medtronic (MDT) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Better-than-expected earnings performance in the second quarter and upbeat prospects have contributed to the run up in Sherwin-Williams' (SHW) shares.
Medtronic (NYSE: MDT ) reported first-quarter earnings of $1.26 per share, which beat the analyst consensus estimate of $1.18 by 6.78%. This is a 7.69% increase over earnings of $1.17 per share from the ...
Medtronic (MDT) delivered earnings and revenue surprises of 6.78% and 1.11%, respectively, for the quarter ended July 2019. Do the numbers hold clues to what lies ahead for the stock?
Cintas (CTAS) stands to gain from the focus on developing products, solid customer base and synergistic benefits from acquired assets.
Shares of Medtronic PLC surged 3.5% toward a record high in premarket trading Tuesday, after the medical technology company reported fiscal first-quarter profit and revenue that rose above expectations and raised its full-year outlook. Net income for the quarter to July 26 fell to $864 million, or 64 cents a share, from $1.08 billion, or 79 cents a share, in the year-ago period. Excluding non-recurring items, adjusted EPS increased to $1.26 from $1.17, above the FactSet consensus of $1.18. Revenue grew 1.5% to $7.49 billion to beat the FactSet consensus of $7.40 billion. Cardiac and vascular revenue fell 0.7% to $2.79 billion but beat the FactSet consensus of $2.76 billion; minimally invasive therapies revenue rose 2.3% to $2.10 billion to top expectations of $2.07 billion; restorative therapies revenue rose 3.2% to $2.01 billion to beat expectations of $1.98 billion; and diabetes revenue grew 3.5% to $592 million to top expectations of $585.5 million. For fiscal 2020, the company raised its adjusted EPS guidance range to $5.54 to $5.60 from $5.44 to $5.50. The stock has rallied 19% over the past three months while the S&P 500 has gained 2.9%.
The U.S. is warning Greece against hosting the Iranian oil tanker at the heart of an international dispute, and Saudi Aramco has reportedly chosen Lazard and Moelis as the investment firms to lead its IPO. Yahoo Finance's Jared Blikre has Tuesday's commodities report.