• Coca-Cola making its biggest change since 1892 and investors love it
    Yahoo Finance

    Coca-Cola making its biggest change since 1892 and investors love it

    Coca-Cola focusing more on drinks beyond its trademark full-calories soda. And investors generally like the move.

  • NVR Q3 Earnings Beat Estimatess, Up Y/Y, New Orders Increase
    Zacks

    NVR Q3 Earnings Beat Estimatess, Up Y/Y, New Orders Increase

    Solid home deliveries and cost-effective initiatives help NVR to post better-than-expected Q3 earnings.

  • What's in the Offing for Ford (F) This Earnings Season?
    Zacks

    What's in the Offing for Ford (F) This Earnings Season?

    While higher revenues in the North American market are likely to have benefited Ford (F), lower vehicle deliveries in China, Europe and Asia Pacific regions might have hampered profits.

  • Watsco's (WSO) Q3 Earnings Miss, Revenues Beat Estimates
    Zacks

    Watsco's (WSO) Q3 Earnings Miss, Revenues Beat Estimates

    Watsco's (WSO) third-quarter 2019 earnings are hurt by increased SG&A expenses. Yet, significant acquisitions and continued technology investments offset the negatives.

  • Zacks.com featured highlights include: KB Home, Crocs, NetEase, Taylor Morrison Home and Anika Therapeutics
    Zacks

    Zacks.com featured highlights include: KB Home, Crocs, NetEase, Taylor Morrison Home and Anika Therapeutics

    Zacks.com featured highlights include: KB Home, Crocs, NetEase, Taylor Morrison Home and Anika Therapeutics

  • Zacks.com featured highlights include: Lowe's, Bristol-Myers Squibb, AECOM and Vulcan Materials
    Zacks

    Zacks.com featured highlights include: Lowe's, Bristol-Myers Squibb, AECOM and Vulcan Materials

    Zacks.com featured highlights include: Lowe's, Bristol-Myers Squibb, AECOM and Vulcan Materials

  • Retail-Discount Stores Outlook: Prospects Look Promising
    Zacks

    Retail-Discount Stores Outlook: Prospects Look Promising

    Retail-Discount Stores Outlook: Prospects Look Promising

  • Why Is General Mills (GIS) Down 2.6% Since Last Earnings Report?
    Zacks

    Why Is General Mills (GIS) Down 2.6% Since Last Earnings Report?

    General Mills (GIS) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • Can General Mills Sustain Momentum on Pet Unit, Saving Plans?
    Zacks

    Can General Mills Sustain Momentum on Pet Unit, Saving Plans?

    General Mills' (GIS) focus on key global strategies and cost-saving plans bode well. The company's Pet segment looks strong, while the U.S. Snacks business is troubled.

  • 5 Dow Stocks Poised to Beat on Earnings This Month
    Zacks

    5 Dow Stocks Poised to Beat on Earnings This Month

    Despite severe market volatility, the Dow is still in positive territory with a gain of 15.9% year to date. This is an excellent performance after a disappointing 2018.

  • Financial Times

    On digital: Support the Girls / Hitsville: The Making of Motown

    A Hooters-style bar seems an unlikely setting for the front line of feminism, but that’s the case with the scantily clad sisterhood in Support the Girls . Double Whammies is a place where customers can ...

  • Ford Partners with Amazon to Charge Electric Cars
    Market Realist

    Ford Partners with Amazon to Charge Electric Cars

    Ford Motor Company (F) will be partnering with Amazon (AMZN) and Volkswagen in a bid to leverage the growth of electric cars.

  • Manufacturing & Retail Worries, Brexit, Q3 Earnings & Buy Google Stock - Free Lunch
    Zacks

    Manufacturing & Retail Worries, Brexit, Q3 Earnings & Buy Google Stock - Free Lunch

    Signs of hope for a Brexit deal and U.S.-China trade war updates. Some disappointing U.S. manufacturing and retail data. Q3 earnings results from the likes of Netflix. And why Google parent Alphabet is a Zack Ranks 1 (Strong Buy) stock. - Free Lunch

  • After Boeing, GM Strike Disrupts Trump’s MAGA Plans
    Market Realist

    After Boeing, GM Strike Disrupts Trump’s MAGA Plans

    The GM strike hurt US manufacturing for September while earlier this month, Boeing’s orders fell. Now Trump's 2020 campaign could take a hit.

  • GM’s Idled Ohio Plant Staying a Symbol for Trump Attacks
    Bloomberg

    GM’s Idled Ohio Plant Staying a Symbol for Trump Attacks

    (Bloomberg) -- General Motors Co. is proceeding with plans to part ways with the massive Ohio car factory it’s operated for more than half a century, all but cementing the facility’s status as a political liability for President Donald Trump.The United Auto Workers couldn’t persuade GM to reconsider its decision to close Lordstown Assembly Plant, the union confirmed Thursday in a document summarizing the contract agreed to yesterday. The fate of the factory has been fodder for Trump’s critics for almost a year, and the attacks are certain to continue on the campaign trail.Two candidates running for the Democratic presidential nomination -- former Texas Congressman Beto O’Rourke and South Bend, Indiana, Mayor Pete Buttigieg -- name-dropped Lordstown during the party’s debate Tuesday. Buttigieg called the closed Chevrolet Cruze plant “one more symbol of the broken promises that this president has made to workers.”GM announced in late 2018 it wouldn’t allocate future product to the plant. The automaker has been in discussions to sell the facility to Lordstown Motors, an affiliate of fledgling electric-truck maker Workhorse Group Inc. While the UAW fought for GM to keep the factory in the fold, it settled for an all-new battery plant that will be built nearby and create about 1,000 jobs. Lordstown Motors plans to create 400 jobs initially, according to GM.But workers at the Lordstown battery factory will be paid less than what vehicle assemblers make, people familiar with the arrangement said. They’ll be compensated under a separate agreement from the master contract UAW members are expected to vote on in the coming weeks, one person said.Union DecisionTrump spoke with UAW President Gary Jones on Wednesday about the tentative agreement. On Thursday, the union’s local presidents and chairman -- roughly 200 officials -- are deciding whether to put the deal to a vote of the entire membership and if workers will return to their jobs before ratification.While its leadership was deliberating, the union released a summary of the four-year contract on its website. It includes offers of $11,000 ratification bonuses for senior workers, $60,000 early retirement buyouts for up to 2,060 employees and annual raises and lump-sum payouts.Republican Senator Rob Portman of Ohio told reporters he was concerned the Lordstown assembly plant wasn’t part of the tentative agreement.“We have earned the right to have a vehicle there by doing the right thing for GM,” Portman said.‘No Place to Go’Union members from Lordstown showed up at the UAW’s meeting in Detroit to protest the fate of their factory.“These people all have families in Lordstown,” said Dan Morgan, shop chairman of UAW Local 1112, which represents the remaining workers. “They put faith in the UAW. If they don’t put a product in there, then they have no place to go.”This could be a big problem for the hundreds of workers in Ohio who didn’t accept GM’s offer to be transferred to the company’s other factories.They may have to find work at the battery facility at less pay, or hope that the possible deal with Lordstown Motors works out. The latter option is a long shot -- the company is led by the founder of Workhorse, which reported just $6,000 of revenue last quarter.GM wants to continue with the sale to Lordstown Motors. If those talks fall apart, GM could either close the factory or put it on standby. The company has put plants on hiatus before and brought them back, including facilities in Spring Hill, Tennessee, and Orion Township, Michigan.‘Don’t Move’GM stopped making the Chevrolet Cruze at Lordstown in March. Soon after, Trump and former Vice President Joe Biden both took shots at the company for not investing in the Ohio community.During a July 2017 rally in nearby Youngstown, Trump told supporters “don’t move, don’t sell your house,” because his administration would bring jobs back to the area.“I’ve met with these members of the UAW who are striking outside of facilities in Cincinnati, in Lordstown, Ohio, which has just been devastated, decimated by GM and their malfeasance,” O’Rourke said Tuesday. “What they want is a shot.”(Updates with details of the agreement starting in the second paragraph.)\--With assistance from Justin Sink and Mark Niquette.To contact the reporter on this story: David Welch in Southfield at dwelch12@bloomberg.netTo contact the editors responsible for this story: Craig Trudell at ctrudell1@bloomberg.net, Kara WetzelFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Auto Stock Roundup: Ford Q3 China Sales Dip, Tesla Q3 UK Sales Hit a Record & More
    Zacks

    Auto Stock Roundup: Ford Q3 China Sales Dip, Tesla Q3 UK Sales Hit a Record & More

    While Ford's (F) sales in China fall 30.3% year over year in Q3, Tesla takes the U.K. market by storm with record deliveries of 6,244 vehicles.

  • Procter & Gamble: Fiscal 2020 Could Start Strong
    Market Realist

    Procter & Gamble: Fiscal 2020 Could Start Strong

    Procter & Gamble was up 27.9% YTD on October 16, outperforming the broader markets by a wide margin. PG plans to announce its Q1 earnings on October 22.

  • The Zacks Analyst Blog Highlights: Verizon, Microsoft and Cisco Systems
    Zacks

    The Zacks Analyst Blog Highlights: Verizon, Microsoft and Cisco Systems

    The Zacks Analyst Blog Highlights: Verizon, Microsoft and Cisco Systems

  • Zacks.com featured highlights include: Keysight Technologies, Microsoft, Booking Holdings and Lowe???s Companies
    Zacks

    Zacks.com featured highlights include: Keysight Technologies, Microsoft, Booking Holdings and Lowe???s Companies

    Zacks.com featured highlights include: Keysight Technologies, Microsoft, Booking Holdings and Lowe???s Companies

  • What's in the Offing for Boot Barn (BOOT) in Q2 Earnings?
    Zacks

    What's in the Offing for Boot Barn (BOOT) in Q2 Earnings?

    Store expansion plans, strong merchandise margin and solid same-store sales are likely to contribute to Boot Barn's (BOOT) second-quarter fiscal 2020 results.

  • Tractor Supply's (TSCO) Q3 Earnings Are Likely to Improve Y/Y
    Zacks

    Tractor Supply's (TSCO) Q3 Earnings Are Likely to Improve Y/Y

    Tractor Supply's (TSCO) solid omni-channel and store-growth efforts are likely to show on third-quarter results.

  • GM, Tesla, Apple, Restaurant Brands and Meredith: Stocks to watch
    Yahoo Finance

    GM, Tesla, Apple, Restaurant Brands and Meredith: Stocks to watch

    GM, Tesla, Apple, Restaurant Brands and Meredith are the stocks the Yahoo Finance team will be watching for you today.

  • T-Mobile & Sprint Win FCC Approval for Long-Awaited Merger
    Zacks

    T-Mobile & Sprint Win FCC Approval for Long-Awaited Merger

    T-Mobile (TMUS)-Sprint deal is expected to reduce competition, drive prices and slow innovation, making 5G deployment ineffective.

  • Top Ranked Momentum Stocks to Buy for October 17th
    Zacks

    Top Ranked Momentum Stocks to Buy for October 17th

    Top Ranked Momentum Stocks to Buy for October 17th

  • Factory Slump Is Flyover Country at Honeywell
    Bloomberg

    Factory Slump Is Flyover Country at Honeywell

    (Bloomberg Opinion) -- Honeywell International Inc.’s aerospace halo is worth its weight in jet fuel.The $120 billion conglomerate reported its third-quarter results on Thursday, and while there was evidence of the slowdown gripping the rest of the manufacturing industry, there was also proof that everything that’s made Honeywell an industrial  darling of Wall Street this past year still holds true. On the one hand, Honeywell cut its 2019 sales outlook. Revenue at its safety and productivity unit slumped 8% in the third quarter, excluding the impact of currency swings and M&A, as inventory piled up and projects got pushed out. Offsetting that bleak result was Honeywell’s aerospace division, which delivered robust 10% organic revenue growth. And Honeywell raised its 2019 earnings forecast.So in the end, what could have been an ugly earnings day for Honeywell ended up eliciting a polite clap. As trading began in New York, the stock was up about 1%.For Honeywell and other industrial companies, aerospace has been a rare bright spot at a time when many other sectors, particularly automotive, electronics and increasingly construction-related businesses, are slowing down. The decline appears to be accelerating: railroad Union Pacific Corp. on Thursday reported an 8% slump in carload volumes in the third quarter while construction-rental equipment company United Rentals Inc. trimmed its revenue guidance late Wednesday. Meanwhile, a report from the Federal Reserve on Thursday showed that U.S. factory output declined in September by the most in five months as a strike at General Motors Co., the trade war and generally sluggish demand weighed on production.The sustainability of the years-long aerospace boom has come into question as a wobbling Chinese economy and the prolonged trade war risk damping demand for travel. Global passenger traffic grew 3.8% in August, well off the pace of the past few years, according to the International Air Transport Association. But that’s still growth, at least for now. Parts makers like Honeywell are also seeing more demand for services on older aircraft while the Boeing Co. 737 Max remains grounded.In its earnings presentation, Honeywell said it expects further growth in commercial flight hours and the rollout of new jet programs to continue to boost sales at the aerospace division in 2020. Margins may get squeezed, because the business will tilt more heavily toward the less profitable work of installing new equipment versus maintaining older versions.The generally upbeat aerospace narrative contrasts with downbeat performances elsewhere at the company. The sales decline at the safety and productivity unit was the worst for the business since 2016, when the manufacturing sector was emerging from a mini-recession sparked by the plunge in oil prices. Margins in the safety and productivity business fell 320 basis points to 13.4%. Honeywell still recorded healthy growth in its chemicals and materials unit and building-technologies division, but the pace slackened from the second quarter. Honeywell now expects total company organic sales to grow at best 5% this year, down from an earlier projection of as much as 6%.Amid what it deemed an “uncertain macro environment,” Honeywell reiterated its ability to protect its earnings through a downturn by continuing to cut costs and using its ample balance sheet for M&A and share buybacks. CEO Darius Adamczyk has largely sat comfortably on the M&A sidelines the past few years, holding out for lower valuations that may now be coming. There had been some concern when he took over from former leader Dave Cote and talked passionately about accelerating Honeywell’s revenue growth that such an effort would come at the expense of the company’s almost religious commitment to margin improvements. That concern was ill-founded. Honeywell boosted its margin guidance for the full year in part because of the benefits of previously funded restructuring, operating improvements and the spinoffs of the less profitable Garrett Motion Inc. turbocharger and Resideo Technologies Inc. consumer-facing home products businesses last year.Honeywell is making a good case for why it’s a decent place to hide in the event of a manufacturing slowdown, or perhaps broader recession. But the fact that it’s making this argument increasingly loudly should be a warning for the rest of the industrial sector.To contact the author of this story: Brooke Sutherland at bsutherland7@bloomberg.netTo contact the editor responsible for this story: Beth Williams at bewilliams@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Brooke Sutherland is a Bloomberg Opinion columnist covering deals and industrial companies. She previously wrote an M&A column for Bloomberg News.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.