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$BA said that the production of 777X wing edge and empennage parts will begin at the new composite center on its St. Louis campus in early 2017. The first 777X delivery is expected in 2020. A total of about 700 jobs are expected to be generated in production, engineering, and multiple support areas by the early 2020s time frame.
Visa ($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.