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$ZION 2Q15 Call: We’re reducing number of bank charters from 7 to 1 & substantially simplifying back office operations, which will ultimately produce better revenue and expense trajectories, stronger revenue and holding a line on expenses through 2016 of less than $1.6Bil annually with only a slight increase in non-interest expense in 2017.
Visa ($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.