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Terence Flynn of Goldman Sachs asks if the COGS level sustainable longer term. $AMGN said through time it will seek to maintain its cost of sales at a very competitive level, recognizing there will be some pressure in terms of the cost of sales as the company introduces some new portfolio. The company feels it's a reasonable trajectory overall.
Visa ($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.