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$TMST said it has developed new process to make high-pressure tubing (HPT) for use in production of low-density polyethylene (LDPE). $TMST recently accepted first order of HPT for major petrochemical producer. Over last decade, HPT for LDPE environments has had extended supply chains that created long lead times for North American customers.
Visa ($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.