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Credit Suisse analyst Allison Landry probed on $FDX's CapEx growth for the coming years. CFO Alan Graf said that CapEx, exclusive TNT Express, is $5Bil for the next two years, and most of that increase will be going into the Ground networks. The company have about 100 projects underway and it hopes to finish it before next peak, added Alan.
Visa ($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.