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$FLR expects 2016 G&A expense of $200-220MM and CapEx of $300MM. For 2H of 2016, $FLR expects margin in Energy, Chemicals and Mining segment to be in the upper 5% range; Industrial, Infrastructure and Power, excluding NuScale, to be 5.5-6.5%; Maintenance Modification and Asset Integrity to be 4.5-5.5%; and Government to be about 3%.
Visa ($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.