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$MCO's external MIS revenue was flat in 3Q15 compared to the prior year. Excluding the impact of unfavorable changes in FX translation rates, MIS revenue grew 5%. Additionally, revenue from ICRA acquisition contributed to the growth over 2014 and changes in FX translation rates had an approx. $25MM unfavorable impact on MIS revenue YoverY.
Visa ($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.