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$ISRG's product gross margin for 3Q15 rose to 67.1% from 66% in the previous year quarter. The increase was primarily driven by higher recall costs in 3Q14 as well as improved manufacturing efficiency in 2015, partially offset by unfavorable foreign currency impact related to international sales.
Visa ($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.