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$KMI said it expects Natural Gas Pipelines to come in approx. 2% below its budget in 2016. This is mainly as a result of the lower volumes in the company's midstream group and a 4.5-month in-service delay on its EEC-SNG pipeline expansion due to a delay in receiving its FERC certificate. CO2 is expected to end 2016 on its budget.
Visa ($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.