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Wendy Nicholson from Citi Research asks about China more broadly. $PG CFO Jon Moeller said that that middle of the portfolio is very important & the company is not losing site of that. The company wants to take advantage of the higher growth portion of the market, currently the premium tiers. So it's clearly an "and" strategy not an "or" strategy.
Visa ($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.