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$ILMN said it has signed deals with 12 customers for its new Infinium Global Screening Array (GSA). In total, the company has received orders for more than 3MM samples of the new consortia-developed array. The GSA will begin shipping in 2H16. Orders received to date occurred in 1H16.
Visa ($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.