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$NSC said growth in its merchandise lines of business will track the economy overall, increasing generally in line with GDP. The company expects its intermodal volume to increase at a rate better than GDP, with compound annual growth of about 4.5% during 2015-2020, driven mainly by tighter truck capacity and improved domestic service levels.
Visa ($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.