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$BABA 1Q16 Call: Expects mobile GMV as a percentage of total GMV to keep growing. In logistics, customers now enjoy next day delivery services in 41 cities and will be extended to 50 cities by end of this year; launched same day delivery of groceries. In June announced partnership with 12 countries to launch country pavilions.
Visa ($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.