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$PSX 2Q15 Call: In Chemicals, CPChem benefited from rising cash chain margins. CPChem also began operations of its 220MM pound-per-year normal alpha olefins expansion project at its Cedar Bayou facility in June. Construction continues on CPChem's US Gulf Coast Petrochemicals Project which is now about 50% complete, start-ups mid 2017.
Visa ($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.