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Online brokerage and related services provider $ETFC said its Daily Average Revenue Trades (DARTs) for May 2016 were 149,475, down 6% from April 2016 and down 1% from May 2015. Company added 30,607 gross new brokerage accounts in May and ended the month with about 3.3MM brokerage accounts, up 8,448 from April.
Visa ($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.