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Tech giant $AAPL announced that customers around the world made this holiday season the biggest ever for the App Store, setting new records during the weeks of Christmas and New Year's. In 2 weeks ending Jan. 3, customers spent over $1.1Bil on apps and in-app purchases, setting back-to-back weekly records for traffic and purchases.
Visa ($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.