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$TYC 2Q15 10-Q: Product sales revenue was $1.4Bil, flat with 2Q14. Service revenue was $0.9Bil, down 10% YoverY. During FY14, TYC concluded that several other businesses in ROW Installation & Services segment, which it intends to sell, met the criteria to be classified as held for sale. TYC expects to complete sale of these businesses by 3Q15-end.
Visa ($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.