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$TAP 1Q15 10-Q: Effective tax rates were approximately 14% and 3% for the first quarter of 2015 and 2014, respectively. Rates were significantly lower than federal statutory rate of 35% due to lower effective income tax rates applicable to foreign businesses, driven by lower statutory income tax rates and tax planning and impact of discrete items.
Visa ($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.