Want to join the conversation?
$CL's capital spending fell in 1Q16 to $114MM from $122MM in 1Q15. CapEx for 2016 are expected to remain at an annual rate of approx. 4.5% of net sales, which is higher than the historical rate of approx. 3.5%, mainly due to the 2012 restructuring program.
Visa ($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.