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Goldman Sachs analyst Nathan Rich questions $CVS on the mix of new business that it won, how it looks for health plan vs. employer. CEO Larry Merlo says that about 75% of the business wins are in heath plan. President CVS Caremark Jonathan Roberts comments that clients focus on the tools that help them manage their pharmacy spend.
Visa ($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.