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$DE, which competes with $CAT, $AGCO and CNH Industrial, said Agriculture & Turf, which is its largest segment accounting for 69% of total sales, posted a decline of 25% in sales to $4.65Bil in 4Q15. Construction & Forestry sales dropped 32% to $1.27Bil while revenues in the Financial Services segment fell 14% to $654MM in 4Q15.
Visa ($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.