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$RIG said in 2Q16, contract drilling revenues decreased by $193MM sequentially to $918MM, due primarily to reduced activity and lower dayrates. The decrease was partially offset by contributions from the newbuild, ultra-deepwater drillships Deepwater Proteus and Deepwater Thalassa and the reactivated harsh-environment floater Henry Goodrich.
Visa ($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.