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David Strauss from UBS asks about the 30% tax rate on an adjusted basis in 2016, if it's a good number to think about going into 2017. $TDG said it's probably going to be in the ballpark and that should be the number for the rest of the year. The company doesn't know of the mix of business in 2017, so the rate could change a bit plus or minus.
Visa ($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.