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Monika Garg from Pacific Crest Securities asks about why 1H16 is lower than 1H15 on the IP side. $CDNS said the company has a new leader and he is reviewing the company's business. $CDNS strongly believe that the IP strategy is the right one, but is important to find a way to sustainable and driving efficiency.
Visa ($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.