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$MRO 2Q15 Q&A: For the question on asset sale asked by Singer of Goldman Sachs, Lee replied that the one transaction that was announced in the quarter was the non-core natural gas that was sold for very compelling economics for $100MM, step one in the company’s target of achieving greater than $500MM of asset sale.
Visa ($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.