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$WFC 2Q15 PR: WFC purchased 36.3MM shares of its common stock in second quarter 2015. Period-end common shares outstanding was down 17.7MM from 1Q15. Capital levels remained strong with Common Equity Tier 1 under Basel III fully phased-in of $139.9Bil. Non-accrual loans were down $1.5Bil, or 11% YoverY.
Visa ($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.