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$MDT's effective tax rates for 3Q16 was 7.1% compared to 18.2% a year ago. The change in the effective tax rate for the quarter was primarily due to the permanent extension of the U.S. federal research and development tax credit, certain tax adjustments, and the impact of special charges and restructuring charges.
Visa ($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.