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$UA 1Q15 10-Q: Provision for income taxes $11.9MM vs. $11.6MM in 1Q14. Effective tax rate 50.3% vs. 46.1% in 1Q14. 1Q15 effective rate was higher than the effective tax rate for 1Q14 primarily due to continued international investments, along with increased non-deductible costs incurred in connection with the Connected Fitness acquisitions in 1Q15.
Visa ($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.