Want to join the conversation?
A $19MM gain on the final settlement of the forward contracts was recognized during 3Q15 by $MDLZ and a net gain of $405MM on these forward contracts during 2015. $MDLZ also monetized additional hedges during July 2015 and realized net pre-tax gains of $17MM, of which net losses of $4MM were recognized in 3Q15.
Visa ($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.