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$HAL's 1Q16 revenue fell 40% versus 1Q15, due to decline in activity and pricing in most product services lines, as well as impairments and other charges recorded in 1Q16. Company also incurred $538MM of $BHI acquisition-related costs in 1Q16, primarily due to reversal of assets held for sale accounting.
Visa ($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.