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$TMO's sales for 1Q16 grew by $376MM from last year. Sales rose $45MM due to acquisitions, net of divestitures, while unfavorable currency translation effects resulted in revenue fall of $61MM. Aside from effects of acquisitions, divestitures and currency translation, revenues grew $392MM on increased demand and four extra days.
Visa ($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.