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$EA FY15 10-K: Effective tax rate was a tax expense of 5.4%. The FY15 effective tax rate differs from the statutory rate of 35% primarily due to the utilization of US deferred tax assets, excess tax benefits from stock-based compensation deductions allocated directly to contributed capital, and non-US profits subject to a reduced or zero tax rates.
Visa ($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.