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$NOV said revenues in its largest segment Rig Systems fell 60% to $1Bil in 4Q15 from 4Q14. The Rig Aftermarket segment had revenues of $569MM, down 33% from 4Q14. In Wellbore Technologies, revenues were $757MM, down 50% and in Completion & Production Solutions, revenues were $746MM, down 44% from 4Q14.
Visa ($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.