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$MHK 2Q15 Q&A: Wood of Macquarie Securities asked with SG&A having leverage over past few years, what inning is company with the payoff of $1.1Bil of CapEx. Frank answered that some of CapEx projects are expanding the practice of business like the new plant in ceramic business. They also put in new capacity to manufacturing more polyester product.
Visa ($V) set to release it earning after market close today. With new CEO resigning so close to the earnings, should we expect to see any surprises? Visa has been making strong moves with Visa Europe acquisition, partnership with PayPal and a 15% increase if quarterly dividends.
Kimberly Clark Corp ($KMB) has been in decline for most of the year, the stock has also not been getting any analyst love. Will today’s earnings break the trend? Revenue has been up and down in the last four quarters, let us see what this quarter brings.
$KMB down close to 4% after it misses on earnings and revenue. Forecasts are lower for the year.