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Financial services firm $SCHW reported a 28% growth in 2Q16 earnings reflecting the power of its successful "through clients" eyes strategy and disciplined financial management. Net income rose to $452MM or $0.30 per share from $353MM or $0.25 per share last year. Total net revenues grew to $1.83Bil from $1.57Bil.
Waiting with fingers crossed for $AAPL’s fourth quarter earnings.
Looking ahead to $AAPL earnings release later in the afternoon today? Gene Munster, analyst from Piper Jaffrey and the most respected authority for Apple, had this to say - "The second and slightly larger group of investors believe the tail of the iPhone 7 is irrelevant, and is betting that the iPhone 10th Anniversary will yield a jump in growth from flat to up ~15%."
Visa ($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.