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$STJ 2Q15 PR: Reported net sales of $1.410Bil in the Q215, a 3% decrease compared to net sales of $1.448Bil in the Q214. Operating profit for the quarter was $314MM compared with $289MM prior year ago quarter. Net earnings attributable to St. Jude Medical, Inc. was $290MM compared with $270MM a year ago quarter.
Visa ($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.