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$MAT 2Q15 Call: On commodities & labor fees, MAT is seeing lower resin cost on commodities, but seeing other input costs outside resins, being impacted as a challenge. The direct labor cost is going up double digits and that’s why MAT is very focused on systemic cost savings initiatives to try to take direct labor out and it is progressing on that.
Visa ($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.