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$RIG's operating and maintenance expenses were $880MM in 3Q15. This compares with $985MM in the prior quarter, which excluded $788MM in net favorable Macondo-related items. The decrease of $105MM was due primarily to reduced activity. The third quarter was also favorably impacted by the company's actions to reduce costs.
Visa ($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.