Want to join the conversation?
The Institute for Supply Management reported today that Nov. 2015 PMI registered 48.6%, a decrease of 1.5 percentage points from 50.1% in Oct. Economic activity in the manufacturing sector contracted for the first time in 36 months, since Nov. 2012. PMI average for the last 12 months was 51.9% with a high of 55.1% in Dec. 2014 and a low of 48.6%.
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.