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$NVDA 1Q16 10-Q: Effective tax rate on income before tax for 1Q16 of 22.0% was lower than the US federal statutory rate of 35%. During 1Q15, the effective tax rate was 16.4%. Cash used in financing activities decreased in 1Q16 compared to 1Q15, due to fewer share repurchases of common stock in the current year.
Visa ($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.