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Erin Wilson of Credit Suisse asks about restructuring and cost savings initiatives. $ZTS said it is ahead of its plans. The initial target was $300MM. The company is ahead in implementation and will generate higher savings in 2016 than expected. The SKU rationalization plans are also in line with expectations.
Visa ($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.