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$ABT 2Q15 Q&A: Weinstein of JP Morgan requested some thoughts about China performance. Miles replied that the company is pleased with China, gaining share for launch of new products. China is only about 10% of total Nutrition sales and about 8% of total company; fundamentals of business in China are great, growing strong double digits, added Miles.
Visa ($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.