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$MCK 1Q16 Call: Technology Solutions revenues were down 4% in 1Q16 to $736MM driven primarily by anticipated decline in our hospital software business and the sale of our nurse triage business. Adjusted operating margin was 22.7%, which includes a $51MM pre-tax gain associated with the sale of nurse triage business.
Visa ($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.