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$SHW's selling, general and administrative expenses for 2015 grew by $90.6MM from last year and rose as percent of sales to 34.5% in 2015 from 34.3% in 2014. This was primarily due to new stores opening and expenses related to launch of new paint program at a national retailer partially offset by foreign currency translation rate fluctuations.
Waiting with fingers crossed for $AAPL’s fourth quarter earnings.
Looking ahead to $AAPL earnings release later in the afternoon today? Gene Munster, analyst from Piper Jaffrey and the most respected authority for Apple, had this to say - "The second and slightly larger group of investors believe the tail of the iPhone 7 is irrelevant, and is betting that the iPhone 10th Anniversary will yield a jump in growth from flat to up ~15%."
Visa ($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.