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Ian Ing of MKM Partners asks about the status of inventory. $SMTC said it's difficult to say. It depends on China and the roll outs there. The company said it still expects 2H17 to do quite well and expects to grow PON and base station on an annual basis. So there is no risk from an inventory standpoint.
Visa ($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.