|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||137.41 - 149.15|
|52 Week Range||109.79 - 175.26|
|PE Ratio (TTM)||31.40|
|Earnings Date||May 18, 2018|
|Forward Dividend & Yield||2.40 (1.60%)|
|1y Target Est||181.26|
Revenue growth was driven by organic growth of 2.8%, an acquisition after adjusting to divestitures contributed 0.7%, and favorable foreign currency helped 4.2%. 3M reported adjusted earnings per share of $2.50, which is more or less on the expected lines of the range between $2.50 and $2.51. Plus, as the company reported earlier, 3M settled a lawsuit with the State of Minnesota for $897 million that translates into $1.16 per share.
Caterpillar Inc. (NYSE:CAT) stock has not been easy to own through the turbulence of the past two months. Tariff war headlines with China made CAT an easy target for shorts. Fears were overblown over retaliation from China. And stocks like Caterpillar, Boeing Co (NYSE:BA) and Deere & Company (NYSE:DE) became easy targets in spite of their great fundamentals.
Caterpillar (CAT) seems poised to deliver another upbeat quarter thanks to improvement across all of its end markets as well as its efforts to cut down costs.
Higher supply chain and restructuring costs in Asia Pacific, increased interest expenses and elevated engineering spend is likely to hurt Owens-Illinois' (OI) first-quarter 2018 earnings.
Host Hotels Resorts (HST), which is a real estate investment trust that owns up to 93 upscale hotels, was among the S&P 500’s top performers on April 12. After a strong performance on Wednesday, Host Hotels Resorts opened the day higher on Thursday and rallied to seven-week high price levels.
Micron Technology (MU), which is an American global corporation that produces many forms of semiconductor devices, was the S&P 500’s second-best performer on April 12. Micron Technology started this week on a weaker note and regained strength as the week progressed. On Thursday, Micron Technology opened the day higher and surged to one-week high price levels.
The S&P 500’s top gainers on April 12 were: Incyte (INCY) gained 5.3%. Micron Technology (MU) gained 4.2%. Host Marriott Financial Trust (HST) gained 4.1%. Deere & Company (DE) gained 4.1%. Discovery (DISCK) gained 3.9%. Incyte
Lucas Strom, who runs a century-old family farm in rural Illinois, canceled an order to buy a new $71,000 grain storage bin last month - after the seller raised the price 5 percent in a day. The reason: steel prices jumped right after U.S. President Donald Trump announced tariffs. Throughout U.S. farm country, where Trump has enjoyed strong support, tariffs on steel and aluminum imports are boosting costs for equipment and infrastructure and causing some farmers and agricultural firms to scrap purchases and expansion plans, according to Reuters' interviews with farmers, manufacturers, construction firms and food shippers.
Lucas Strom, who runs a century-old family farm in rural Illinois, cancelled an order to buy a new $71,000 (£49,889) grain storage bin last month - after the seller raised the price 5 percent in a day. The reason: steel prices jumped right after U.S. President Donald Trump announced tariffs. Throughout U.S. farm country, where Trump has enjoyed strong support, tariffs on steel and aluminium imports are boosting costs for equipment and infrastructure and causing some farmers and agricultural firms to scrap purchases and expansion plans, according to Reuters' interviews with farmers, manufacturers, construction firms and food shippers.
In an apparent admission that the U.S. can't win a China trade war with tariffs, President Trump told economic advisors to work on joining the Trans-Pacific Partnership trade agreement.
This could indicate that investors who seek to profit from falling equity prices are not currently targeting DE. Over the last one-month, outflows of investor capital in ETFs holding DE totaled $14.12 billion.
We pick a couple of stocks from industries on China's hit list for a match up to see which one is in the line of fire and which is guarded well enough to survive the tariff onslaught.
Stocks that moved substantially or traded heavily Thursday: Conn's Inc., down $5.12 to $30.73 The retailer reported disappointing revenue and forecast weak sales in the current quarter. Deere & Co., up ...
Zacks Industry Outlook Highlights: Caterpillar, ABB, Illinois Tool Works, Deere and Stanley Black & Decker
By David Lawder and Michael Martina WASHINGTON/BEIJING (Reuters) - The United States voiced willingness on Wednesday to negotiate a resolution to an escalating trade fight with China after Beijing retaliated ...
The United States voiced willingness on Wednesday to negotiate a resolution to an escalating trade fight with China after Beijing retaliated against proposed U.S. tariffs on $50 billion in Chinese goods ...
Deere could be among the big losers in a China trade war as Beijing targets U.S. agriculture, but the prospect of lower prices also boosted Hormel and other food companies.
Ford and GM want positive trade relationship between the two largest auto markets in the world. While their stocks rebounded, other companies that could be targeted by tariffs fell.
The S&P 500 selloffs of 2015 and 2016 are pretty good proxies for what's happening today, says Ben Onatibia of Vanda Research.