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$EA FY15 10-K: FY11 restructuring plan: Since inception, through March 31, 2015, EA has incurred charges of $172MM. The $11MM restructuring accrual as of March 31, 2015 is expected to be settled by Dec. 2015. The Company does not expect to incur any additional restructuring charges under this plan.
Visa ($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.