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In June 2015, the Financial Services Bureau began an examination of 2012 Macau income tax return of $WYNN's Macau SA. Since the examination is in its initial stages, $WYNN is unable to determine if it will conclude within the next 12 months. $WYNN believes that its liability for uncertain tax positions is adequate with respect to these years.
Visa ($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.