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$MAT 2Q15 Call: On a global basis, MEGA shipping was $65MM in 2Q15 and $103MM YTD. European region sales were up 4% in 2Q15 and down 1% YTD, driven by strong growth in Russia and other emerging Europe. APAC region sales were up 22% in 2Q15 and up 20% YTD, driven by fairly broad-based growth led by China.
Visa ($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.