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$EBAY reported no material short or long term investments that were in continuous unrealized loss position for more than 12 months as of Sept. 30, 2015. Within the next 12 months, $EBAY expects approx. $19MM of net derivative gains related to its cash flow hedges included in accumulated other comprehensive income to be reclassified into earnings.
Visa ($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.