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Ryan Brinkman of JPMorgan probes about the outlook for headwind from user car prices and the tailwind from the offsetting factors. $F CEO Mark Fields replies that it is a not a demand issue, but a supply issue as more of the three-year leases come off. He said the company is going to watch user car prices closely.
Visa ($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.