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Judy Hong of Goldman Sachs wants an update on the second furnace in Nava. CFO David Klein said that $STZ fired up the second furnace Nava, but the company won't be producing glass out of that facility until the end of July 2016. He added that the benefit from that furnace won't show up until the back half of 2016, if it shows up this year at all.
Visa ($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.