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Barclays analyst Duffy Fischer probed on $DOW's cost saving programs. CFO Howard Ungerleider said that the company has started few cost saving programs last year and seeing the benefit of it already. The company plans to slash costs by $300MM in 2016 and $90MM of that was cut in 1Q16, said Ungerleider.
Visa ($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.