Monday, November 6, 2017

All 238 Very Large US Companies With Stock Market Caps Between $10 Bil and $40 Bil and With Sept 2017 Earnings Already Released (238 out of 263 Companies) Had Their Total US GAAP Earnings Increase By 7% in the Sept 2017 Quarter Over Their Prior Year's Quarter, Consistent With the 9% Total Earnings Growth in the June 2017 Quarter Over the June 2016 Quarter .................................................................................... However, This 7% Total Earnings Growth in the Sept 2017 Quarter Over the Sept 2016 Quarter Was a Massive Total Earnings Growth Deceleration From Both the 64% Total Earnings Growth in the March 2017 Quarter Over the March 2016 Quarter And From the 159% Total Earnings Growth in the December 2016 Quarter Over the December 2015 Quarter .................................................................................... 22 US Oil & Gas Companies Total Earnings Were Up an Off-the-Charts 164% in the Sept 2017 Quarter: The Last Thing This Industry Needs is a US Income Tax Rate Cut From 35% to 20%, Coupled With Keeping All of Their Current Massive Tax Loopholes .................................................................................... 34 US Technology Companies Total Earnings Were Up a Blistering 49% in the Sept 2017 Quarter .................................................................................... On the Downside, the 26 US Health Care Companies Total Earnings Declined By a Huge 13% in the September 2017 Quarter .................................................................................... Also on the Downside, the 69 Finance Companies Generated Sept 2017 Quarter Total Earnings of $20.954 Bil, Which Comprised a Huge 37% of the Total Earnings of all 238 US Companies, But Which Declined By 3% From the Sept 2016 Quarter .................................................................................... These Key US Finance and US Health Care Companies Cannot Be Happy With the Unfavorable Environment Created By Actions of the Trump Administration

From a review of the Google Finance Website and of company financial statements in the US SEC website, I found the 238 Companies headquartered in the US with Stock Market Capitalizations of between $10 Bil and $40 Bil either very late in 2016 or very early in 2017, which have September Quarter Ends and which have filed their September 2017 Quarter Financial Statements with the SEC.  Traditional Predominately Regulated Utilities were excluded.

Below here are the Total Reported US GAAP Earnings (Losses) From Continuing Operations for the Quarters Ended September 2017 and 2016 for each of these 238 very large US Companies.






Sept Sept







2017 2016







Quarter Quarter




Calendar US GAAP US GAAP Net Net
US Very Large Companies With

Most
3Q 17 Net Net Income Income
Stock Market Caps Between $10-40 Bil City State Recent
Month Income Income Better Better
and With September 2017 Quarter Ends HQs HQs FYE
End (Loss) (Loss) (Worse) (Worse)





 $ mils  $ mils  $ mils %
US Technology Companies








Western Digital Irvine CA Jun17
Sept                 681               (366)            1,047 NM
Lam Research Fremont CA Jun17
Sept                 591                 264               327 124%
eBay Inc San Jose CA Dec16
Sept                 523                 418               105 25%
Cognizant Technology Solutions Teaneck NJ Dec16
Sept                 495                 444                 51 11%
Expedia Bellevue WA Dec16
Sept                 349                 279                 70 25%
First Data Corp New York NY Dec16
Sept                 340                 200               140 70%
KLA-Tencor Milpitas CA Jun17
Sept                 281                 178               103 58%
Skyworks Solutions Woburn MA Sep17
Sept                 281                 247                 34 14%
Amphenol Wallingford CT Dec16
Sept                 280                 227                 53 23%
Fortive Everett WA Dec16
Sept                 268                 227                 41 18%
Fiserv Brookfield WI Dec16
Sept                 232                 214                 18 8%
Motorola Solutions Schaumburg IL Dec16
Sept                 213                 193                 20 10%
FleetCor Technologies Norcross GA Dec16
Sept                 203                 130                 73 56%
Check Point Software San Carlos CA Dec16
Sept                 193                 170                 23 14%
Roper Technologies Sarasota FL Dec16
Sept                 190                 167                 23 14%
Microchip Technology Chandler AZ Mar17
Sept                 189                   36               153 425%
Activision Blizzard Santa Monica CA Dec16
Sept                 188                 199               (11) -6%
CA Inc New York NY Mar17
Sept                 184                 212               (28) -13%
Seagate Technology Cupertino CA Jun17 Sept                 181                 167                 14 8%
Cerner Corp Kansas City MO Dec16
Sept                 177                 170                   7 4%
Juniper Networks Sunnyvale CA Dec16
Sept                 174                 172                   2 1%
Xilinx San Jose CA Mar17
Sept                 168                 164                   4 2%
Harris Corp Melbourne FL Jun17
Sept                 167                 145                 22 15%
Maxim Integrated Products San Jose CA Jun17
Sept                 155                 138                 17 12%
Waters Corp Milford MA Dec16
Sept                 136                 125                 11 9%
Citrix Systems Ft Lauderdale FL Dec16
Sept                 127                 112                 15 13%
Verisk Analytics Jersey City NJ Dec16
Sept                 121                 128                 (7) -5%
Mettler-Toledo Intl Columbus OH Dec16
Sept                 105                 101                   4 4%
Akamai Technologies Cambridge MA Dec16
Sept                   91                   58                 33 57%
Fidelity Natl Info Services Jacksonville FL Dec16
Sept                   71                 191             (120) -63%
Symantec Mountain View CA Mar17
Sept                 (16)                 (69)                 53 NM
Twitter San Francisco CA Dec16
Sept                 (21)               (103)                 82 NM
Electronic Arts Redwood City CA Mar17
Sept                 (22)                 (38)                 16 NM
ServiceNow Santa Clara CA Dec16
Sept                 (24)                 (36)                 12 NM










Total all 34 US Technology Companies




             7,271              4,864            2,407 49%










US Oil & Gas Companies








Marathon Petroleum Findlay OH Dec16
Sept              1,004                 219               785 358%
Valero Energy San Antonio TX Dec16
Sept                 863                 645               218 34%
Spectra Energy Partners LP Houston TX Dec16
Sept                 471                 296               175 59%
Williams Partners LP Tulsa OK Dec16
Sept                 284                 351               (67) -19%
Devon Energy Oklahoma City OK Dec16
Sept                 247              1,007             (760) -75%
Freeport-McMoRan Phoenix AZ Dec16
Sept                 242                 292               (50) -17%
MPLX LP Findlay OH Dec16
Sept                 217                 194                 23 12%
Magellan Midstream Partners LP Tulsa OK Dec16
Sept                 199                 195                   4 2%
ONEOK Tulsa OK Dec16
Sept                 167                 195               (28) -14%
Williams Companies Tulsa OK Dec16
Sept                 125                 131                 (6) -5%
EQT Corp Pittsburgh PA Dec16
Sept                 105                   70                 35 50%
Apache Houston TX Dec16
Sept                 105               (526)               631 NM
Plains All America Pipeline LP Houston TX Dec16
Sept                   34                 298             (264) -89%
Cabot Oil & Gas Houston TX Dec16
Sept                   18                 (10)                 28 NM
Pioneer Natural Resources Irving TX Dec16
Sept                 (23)                   22               (45) NM
National Oilwell Varco Houston TX Dec16
Sept                 (27)            (1,364)            1,337 NM
Concho Resources Midland TX Dec16
Sept               (113)                 (51)               (62) NM
Noble Energy Houston TX Dec16
Sept               (115)               (143)                 28 NM
Baker Hughes Houston TX Dec16
Sept               (273)                   91             (364) NM
Hess Corp New York NY Dec16
Sept               (593)               (317)             (276) NM
Marathon Oil Corp Houston TX Dec16
Sept               (599)               (206)             (393) NM
Anadarko Petroleum The Woodlands TX Dec16
Sept               (641)               (747)               106 NM










Total all 22 US Oil & Gas Companies




             1,697                 642            1,055 164%










US Health Care Companies








HCA Holdings Nashville TN Dec16
Sept                 530                 745             (215) -29%
Becton Dickinson Franklin Lakes NJ Sep17
Sept                 327                   19               308 1621%
Intuitive Surgical Sunnyvale CA Dec16
Sept                 298                 211                 87 41%
Zoetis Parsippany NJ Dec16
Sept                 296                 237                 59 25%
Boston Scientific Corp Marlborough MA Dec16
Sept                 283                 228                 55 24%
Baxter Intl Deerfield IL Dec16
Sept                 248                 127               121 95%
Laboratory Corp of America Burlington NC Dec16
Sept                 183                 180                   3 2%
Quest Diagnostics Madison NJ Dec16
Sept                 175                 205               (30) -15%
Edwards Lifesciences Irvine CA Dec16
Sept                 170                 141                 29 21%
Illumina San Diego CA Dec16
Sept                 152                 117                 35 30%
Henry Schein Melville NY Dec16
Sept                 151                 145                   6 4%
Universal Health Services King of Prussia PA Dec16
Sept                 145                 157               (12) -8%
Cardinal Health Dublin OH Jun17
Sept                 117                 310             (193) -62%
Zimmer Biomet Holdings Warsaw IN Dec16
Sept                   99                 158               (59) -37%
CR Bard Murray Hill NJ Dec16
Sept                   94                   96                 (2) -2%
DENTSPLY  Sirona York PA Dec16
Sept                   91                   92                 (1) -1%
Quintiles IMS Holdings Durham NC Dec16
Sept                   89                 104               (15) -14%
Mylan NV Canonsburg PA Dec16
Sept                   88               (120)               208 NM
Alexion Phramaceuticals New Haven CT Dec16
Sept                   78                   94               (16) -17%
IDEXX Laboratories Westbrook ME Dec16
Sept                   71                   56                 15 27%
McKesson San Francisco CA Mar17
Sept                   56                 324             (268) -83%
Seattle Genetics Bothell WA Dec16
Sept                   50                 (32)                 82 NM
Incyte Corp Wilmington DE Dec16
Sept                   36                   37                 (1) -3%
Biomarin Pharmaceutical Novato CA Dec16
Sept                 (13)                 (37)                 24 NM
Vertex Pharmaceuticals Boston MA Dec16
Sept               (291)                 (40)             (251) NM
AmerisourceBergen Chesterbrook PA Sep17
Sept               (295)                 146             (441) NM










Total all 26 US Health Care Companies




             3,228              3,700             (472) -13%










US Finance Companies








Fifth Third Bancorp Cincinnati OH Dec16
Sept              1,014                 516               498 97%
Prologis San Francisco CA Dec16
Sept                 913                 307               606 197%
Blackstone Group LP New York NY Dec16
Sept                 847                 692               155 22%
Principal Financial Group Des Moines IA Dec16
Sept                 813                 327               486 149%
Anthem Indianapolis IN Dec16
Sept                 747                 618               129 21%
AFLAC Columbus GA Dec16
Sept                 716                 629                 87 14%
State Street Corp Boston MA Dec16
Sept                 685                 563               122 22%
Allstate Northbrook IL Dec16
Sept                 666                 520               146 28%
BB&T Corp Winston Salem NC Dec16
Sept                 648                 642                   6 1%
Discover Financial Services Riverwoods IL Dec16
Sept                 602                 639               (37) -6%
Cigna Bloomfield CT Dec16
Sept                 562                 452               110 24%
Synchrony Financial Stamford CT Dec16
Sept                 555                 604               (49) -8%
SunTrust Banks Atlanta GA Dec16
Sept                 540                 476                 64 13%
Ameriprise Financial Minneapolis MN Dec16
Sept                 503                 215               288 134%
Franklin Resources San Mateo CA Sep17
Sept                 477                 473                   4 1%
S&P Global New York NY Dec16
Sept                 452                 923             (471) -51%
Lincoln National Corp Radnor PA Dec16
Sept                 418                 467               (49) -10%
T. Rowe Price Group Baltimore MD Dec16
Sept                 404                 363                 41 11%
Marsh & McLennan New York NY Dec16
Sept                 397                 384                 13 3%
KKR New York NY Dec16
Sept                 379                 975             (596) -61%
Intercontinental Exchange Atlanta GA Dec16
Sept                 375                 350                 25 7%
Annaly Capital Management New York NY Dec16
Sept                 367                 731             (364) -50%
KeyCorp Cleveland OH Dec16
Sept                 363                 172               191 111%
Public Storage Glendale CA Dec16
Sept                 358                 369               (11) -3%
M&T Bank Buffalo NY Dec16
Sept                 356                 350                   6 2%
Citizens Financial Group Providence RI Dec16
Sept                 348                 297                 51 17%
Moody's New York NY Dec16
Sept                 320                 257                 63 25%
Regions Financial Birmingham AL Dec16
Sept                 312                 319                 (7) -2%
CME Group Chicago IL Dec16
Sept                 309                 473             (164) -35%
Northern Trust Chicago IL Dec16
Sept                 298                 258                 40 16%
Travelers Saint Paul MN Dec16
Sept                 293                 716             (423) -59%
Invesco Ltd Atlanta GA Dec16
Sept                 275                 256                 19 7%
Huntington Bancshares Columbus OH Dec16
Sept                 275                 127               148 117%
Unum Group Chattanooga TN Dec16
Sept                 252                 236                 16 7%
Interactive Brokers Group Greenwich CT Dec16
Sept                 247                 168                 79 47%
Avalon Bay Communities Arlington VA Dec16
Sept                 238                 356             (118) -33%
Western Union Englewood CO Dec16
Sept                 236                 217                 19 9%
Hartford Financial Services Group Hartford CT Dec16
Sept                 234                 438             (204) -47%
Comerica Dallas TX Dec16
Sept                 226                 149                 77 52%
General Growth Properties Chicago IL Dec16
Sept                 226                 682             (456) -67%
Progressive Corp Mayfield Village OH Dec16
Sept                 215                 206                   9 4%
Loews New York NY Dec16
Sept                 212                 393             (181) -46%
TD Ameritrade Omaha NE Sep17
Sept                 211                 185                 26 14%
First Republic Bank San Francisco CA Dec16
Sept                 200                 172                 28 16%
Raymond James Financial St. Petersburg FL Sep16
Sept                 197                 178                 19 11%
Nasdaq Inc New York NY Dec16
Sept                 171                 131                 40 31%
Ventas Chicago IL Dec16
Sept                 157                 150                   7 5%
Boston Properties Boston MA Dec16
Sept                 148                   72                 76 106%
CNA Financial Chicago IL Dec16
Sept                 144                 343             (199) -58%
Equity Residential Chicago IL Dec16
Sept                 144                 217               (73) -34%
Weyerhauser Seattle WA Dec16
Sept                 130                 162               (32) -20%
Kimco Realty New Hyde Park NY Dec16
Sept                 122                 (42)               164 NM
Crown Castle Intl Houston TX Dec16
Sept                 115                   98                 17 17%
Federal Realty Investment Trust Rockville MD Dec16
Sept                 109                   61                 48 79%
Vantiv Symmes Township OH Dec16
Sept                 107                   87                 20 23%
Host Hotels & Resorts Bethesda MD Dec16
Sept                 105                 108                 (3) -3%
Cincinnati Financial Fairfield OH Dec16
Sept                 102                 180               (78) -43%
Realty Income Corp San Diego CA Dec16
Sept                   88                   77                 11 14%
Welltower Inc Toledo OH Dec16
Sept                   88                 192             (104) -54%
Essex Property Trust San Mateo CA Dec16
Sept                   85                   70                 15 21%
Equinix Redwood City CA Dec16
Sept                   80                   49                 31 63%
SBA Communications Boca Raton FL Dec16
Sept                   49                 (15)                 64 NM
SL Green Realty New York NY Dec16
Sept                   46                   43                   3 7%
Vornado Realty Trust New York NY Dec16
Sept                   37                   76               (39) -51%
Digital Realty Trust San Francisco CA Dec16
Sept                   12                 222             (210) -95%
HCP Inc Irvine CA Dec16
Sept                   (6)                   46               (52) NM
Arch Capital Group Ltd White Plains NY Dec16
Sept                 (45)                 304             (349) NM
Willis Towers Watson plc Arlington VA Dec16
Sept                 (54)                 (31)               (23) NM
Markel Corp Glen Allen VA Dec16
Sept               (261)                   83             (344) NM










Total all 69 US Finance Companies




           20,954            21,523             (569) -3%










US Companies in All Other US Sectors 








Eaton Corp plc Cleveland OH Dec16
Sept              1,399                 522               877 168%
Delta Airlines Atlanta GA Dec16
Sept              1,178              1,259               (81) -6%
LyondellBasell Houston TX Dec16
Sept              1,058                 955               103 11%
Royal Caribbean Cruises Miami FL Dec16
Sept                 753                 693                 60 9%
Viacom New York NY Dec16
Sept                 688                 440               248 56%
United Continental Chicago IL Dec16
Sept                 637                 965             (328) -34%
American Airlines Group Fort Worth TX Dec16
Sept                 624                 737             (113) -15%
Norfolk Southern Norfolk VA Dec16
Sept                 506                 460                 46 10%
Southwest Airlines Dallas TX Dec16
Sept                 503                 388               115 30%
Emerson Electric St Louis MO Sep17
Sept                 502                 486                 16 3%
Air Products & Chemicals Allentown PA Sep17
Sept                 481                 294               187 64%
CSX Corp Jacksonville FL Dec16
Sept                 459                 455                   4 1%
Cummins Columbus IN Dec16
Sept                 457                 300               157 52%
Praxair Danbury CT Dec16
Sept                 435                 344                 91 26%
Estee Lauder New York NY Jun17
Sept                 430                 296               134 45%
TE Connectivity Ltd Berwyn  PA  Sep17
Sept                 429                 437                 (8) -2%
CBS Corp New York NY Dec16
Sept                 418                 466               (48) -10%
Yum! Brands Louisville KY Dec16
Sept                 418                 218               200 92%
Delphi Automotive PLC Troy MI Dec16
Sept                 413                 306               107 35%
Southern Copper Phoenix AZ Dec16
Sept                 403                 198               205 104%
PACCAR Bellevue WA Dec16
Sept                 403                 346                 57 16%
PPG Industries Pittsburgh PA Dec16
Sept                 398               (206)               604 NM
Ecolab St Paul MN Dec16
Sept                 396                 380                 16 4%
International Paper Memphis TN Dec16
Sept                 395                 309                 86 28%
Corning Corning NY Dec16
Sept                 390                 284               106 37%
Waste Management Houston TX Dec16
Sept                 388                 304                 84 28%
VFC Corp Greensboro NC Dec16
Sept                 387                 485               (98) -20%
Ingersoll-Rand plc Davidson NC Dec16
Sept                 368                 368                  -   0%
Sysco Houston TX Jun17
Sept                 368                 324                 44 14%
Thomson Reuters New York NY Dec16
Sept                 349                 268                 81 30%
Eastman Chemical Kingsport TN Dec16
Sept                 324                 233                 91 39%
Sherwin-Williams Cleveland OH Dec16
Sept                 317                 387               (70) -18%
Kellogg Battle Creek MI Dec16
Sept                 297                 292                   5 2%
Omnicom Group New York NY Dec16
Sept                 287                 278                   9 3%
Molson Coors Brewing Denver CO Dec16
Sept                 286                 204                 82 40%
Parker Hannifin Cleveland OH Jun17
Sept                 286                 210                 76 36%
O'Reilly Automotive Springfield MO Dec16
Sept                 284                 278                   6 2%
Nucor Corp Charlotte NC Dec16
Sept                 280                 331               (51) -15%
Sirius XM Holdings New York NY Dec16
Sept                 276                 194                 82 42%
Stanley Black & Decker New Britain CT Dec16
Sept                 274                 249                 25 10%
Hershey Hershey PA Dec16
Sept                 274                 227                 47 21%
Whirlpool Benton Harbor MI Dec16
Sept                 272                 244                 28 11%
Mohawk Industries Calhoun GA Dec16
Sept                 271                 271                  -   0%
Alaska Air Group Seattle WA Dec16
Sept                 266                 256                 10 4%
Hasbro Pawtucket RI Dec16
Sept                 266                 256                 10 4%
Restaurant Brands Intl Miami FL Dec16
Sept                 247                 239                   8 3%
Newell Brands Hoboken NJ Dec16
Sept                 234                 187                 47 25%
Alliance Data Systems Plano TX Dec16
Sept                 233                 208                 25 12%
Celanese Irving TX Dec16
Sept                 232                 266               (34) -13%
Discovery Communications Silver Spring MD Dec16
Sept                 223                 225                 (2) -1%
Republic Services Phoenix AZ Dec16
Sept                 223                   86               137 159%
Yum China Holdings Plano TX Dec16
Sept                 221                 202                 19 9%
Rockwell Collins Cedar Rapids IA Sep17
Sept                 213                 208                   5 2%
Newmont Mining Greenwood Village CO Dec16
Sept                 205                 135                 70 52%
Dr Pepper Snapple Group Plano TX Dec16
Sept                 203                 240               (37) -15%
WestRock Norcross GA Sep17
Sept                 195                 (86)               281 NM
Archer Daniels Midland Chicago IL Dec16
Sept                 195                 344             (149) -43%
Clorox Oakland CA Jun17
Sept                 192                 179                 13 7%
Hilton Worldwide Holdings McLean VA Dec16
Sept                 181                   89                 92 103%
Dover Corp Downers Grove IL Dec16
Sept                 179                 130                 49 38%
WW Grainger Lake Forest IL Dec16
Sept                 171                 193               (22) -11%
Masco Corp Livonia MI Dec16
Sept                 160                 146                 14 10%
Textron Providence RI Dec16
Sept                 159                 299             (140) -47%
Genuine Parts Atlanta GA Dec16
Sept                 158                 185               (27) -15%
Ametek Berwyn PA Dec16
Sept                 154                 131                 23 18%
Martin Marietta Materials Raleigh NC Dec16
Sept                 152                 159                 (7) -4%
Nielsen Holdings plc New York NY Dec16
Sept                 150                 132                 18 14%
Fastenal Winona MN Dec16
Sept                 143                 127                 16 13%
Church & Dwight Ewing NJ Dec16
Sept                 133                 124                   9 7%
Pentair PLC Golden Valley MN Dec16
Sept                 127                 118                   9 8%
Waste Connections Woodlands TX Dec16
Sept                 123                   89                 34 38%
LKQ Corp Chicago IL Dec16
Sept                 122                 110                 12 11%
CH Robinson Worldwide Eden Prairie MN Dec16
Sept                 119                 129               (10) -8%
Vulcan Materials Birmingham AL Dec16
Sept                 110                 145               (35) -24%
Wynn Resorts Ltd Las Vegas NV Dec16
Sept                 106                 (19)               125 -658%
J B Hunt Transport Services Lowell AR Dec16
Sept                 100                 109                 (9) -8%
Harley-Davidson Milwaukee WI Dec16
Sept                   68                 114               (46) -40%
UnderArmour Baltimore MD Dec16
Sept                   54                 128               (74) -58%
Ball Corp Broomfield CO Dec16
Sept                   51                   34                 17 50%
L-3 Technologies New York NY Dec16
Sept                   26                 151             (125) -83%
Chipotle Mexican Grill Denver CO Dec16
Sept                   20                     8                 12 150%
Liberty Broadband Englewood CO Dec16
Sept                 (10)                     4               (14) NM
Tapestry Inc New York NY Jun17
Sept                 (18)                 117             (135) NM
Sprint Overland Park KS Mar17
Sept                 (48)               (142)                 94 NM
Mattel El Segundo CA Dec16
Sept               (603)                 236             (839) NM
Tesla Motors Palo Alto CA Dec16
Sept               (671)                   22             (693) NM
Liberty Global plc Englewood CO Dec16
Sept               (779)               (205)             (574) NM










Total all 87 US Companies in All Other US Sectors 




           23,746            22,287            1,459 7%










Total all 238 US Companies




           56,896            53,016            3,880 7%


Sept 2017 Earnings Not Released Yet

D.R. Horton Fort Worth TX
Advance Auto Parts Roanoke VA
Cimarex Energy Denver CO
Hologic Marlborough MA
DaVita Inc Denver CO
Perrigo Allegan MI
Centurylink Monroe LA
TransDigm Group Cleveland OH
Global Payments Inc Atlanta GA
Coty Inc New York NY
Andeavor San Antonio TX
Liberty Interactive Group Englewood CO
Equifax Atlanta GA
Liberty Media Corp Englewood CO
Energy Transfer LP Dallas TX
Energy Transfer Equity LP Dallas TX
Continental Resources Oklahoma City OK
Humana Louisville KY
Tyson Foods Springdale AR
Marriott Intl Bethesda MD
MGM Resorts Intl Las Vegas NV
Monster Beverage Corona CA
Rockwell Automation Milwaukee WI
Level 3 Communications Broomfield CO
DISH Network Englewood CO



Total all 263 With Market Caps $10-40 Bil