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$RIG 2Q15 PR: Transocean reported Q2 2015 results with revenues of $1,884MM, compared with revenues of $2,328MM in Q2 2014. Net income attributable to controlling interest was $342MM or $0.93 per dil. share. Cash flows from operating activities were $1.31Bil, up from $526MM in Q1 2015. Fleet revenue efficiency was 97.3%, up from 95.9% in Q1 2015.
Visa ($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.