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DOL Jobless Claims Report: Advance number of actual initial claims under state programs, unadjusted, totalled 303,892 in week ending July 4, 2015, an increase of 29,246 or 10.6% from previous week. The seasonal factors had expected an increase of 14,396 or 5.2% from previous week. There were 322,753 initial claims in the comparable week in 2014.
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.