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$YHOO said it will continue to focus on mobile products and mobile ad formats seeing a significant platform shift to mobile devices, including smartphones and tablets. In 1Q16, $YHOO continued to refresh the user experience on mobile with the launch of the new Yahoo app. As of March 31, 2016, the company had more than 600MM monthly mobile users.
Visa ($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.