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$RAI said, on a segment basis, RJR Tobacco's reported 4Q15 operating income rose 291% to $915MM from the prior-year quarter. Santa Fe also delivered good performance with reported operating income increasing 24.4% to $112MM. American Snuff finished a strong year with 4Q15 reported operating income increasing 22% to $133MM.
Visa ($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.