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$LMT's effective income tax rates fell to 30.9% in 3Q15 from 32.3% in 3Q14. The rates benefited from tax deductions for U.S. manufacturing activities and for dividends paid to defined contribution benefit plans with employee stock ownership plan feature, and did not include benefit from the U.S. research and development tax credit.
Visa ($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.