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$ADBE 2Q15 10-Q: Provision for income taxes $33.5MM vs. $32.7MM in 2Q14. Effective tax rate 19% vs. 27% in 2Q14. Adobe Marketing Cloud revenue was $326.6MM in 2Q15. At May 29, 2015, amount outstanding under our senior notes was $1.9Bil, consisting of $900MM of 4.75% senior notes due Feb. 1, 2020 and $1Bil of 3.25% senior notes due Feb. 1, 2025.
Visa ($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.