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For next 12 months, $ZION is downgrading its loan growth outlook to moderately increasing from increasing, due mainly to internal decisions to constrain some recent commercial real estate growth. Net interest income growth rate is be mid single-digit to high single-digit, driven by loan growth and growth in the investment portfolio.
Visa ($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.