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$NVDA's operating expenses for 3Q15 included $8MM of restructuring and other charges. The company expects to incur additional restructuring charges to operating expense of $25-35MM in 4Q16. These restructuring activities will impact approx. 5% of the global workforce, and $NVDA expects them to be substantially completed by FY16-end.
Visa ($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.