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Selling, general and administrative expenses of $NWS $NWSA for 2Q16 rose by 5% from last year. This rise was primarily due to higher expenses at Digital Real Estate Services segment as result of acquisition of Move, as well as increased promotion and marketing expenses in News and Information Services segment, primarily at the U.K. newspapers.
Visa ($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.