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Dmitry Silversteyn of Longbow Research asks for some color on the food and beverage market. CEO Doug Baker replied that in 2H16 $ECL would expect F&B to be equal or a little better than in 1H16, which is in the 4% range, probably moving into the 5% range. Doug added that the company is bullish about F&B's near-term and long-term future.
Visa ($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.