DuPont saw its shares fall after it gave a weaker than expected forecast as lower sales in its agricultural business weighed on its earnings and revenue. The chemical and agricultural company did increase its quarterly dividend, but that didn’t impress investors. Shares were down a fraction to $64.95.
Travelers earnings were well below estimates, but its revenue beat forecasts. The insurance company’s results were impacted by catastrophe loses that were higher than the prior year because of wind and hail storms. That sent shares down almost four percent to $91.63.
Shares of Dow component United Technologies fell because of weak order growth and disappointing margins. Its engines business, in particular, saw sluggish performance in the quarter, that despite a rise in earnings and news that the company raised the lower end of its 2014 earnings forecast. Still share fell nearly two percent to $110.86.
Comcast’s second quarter earnings topped estimates as it added more internet customers and it reduced the rate of people disconnecting its video services. The media giant said it saw strong momentum across its cable content business. That sent shares up 1.5 percent to $54.63. Comcast is the parent company of CNBC, which produces this program.