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$SNDK 2Q15 Q&A: When asked about wafer growth assumption for 2016, Judy said that SanDisk’s wafer capacity currently is just shy of 3MM wafers per year, inclusive of 5% increase in wafer capacity added in 2015. Small amount of wafer capacity, likely in the single digit percentage range, will be added in 2016, which will be a mix of 2D and 3D wafers
Visa ($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.