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$PCP 1Q16 Call: Investment Cast and Forged Products delivered a very solid performance. Airframe Products had a slow start due to fastener demand timing and new product development load to support contracted share gains. PCP deployed $498MM to acquisitions, which include CHI & Noranco and to share repurchases in 1Q16.
Visa ($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.