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During 2Q16, $SLB's revenue was $7.2Bil, including a full quarter of activity from Cameron that added $1.5Bil to the company's topline. Excluding the Cameron impact, revenue fell 14% sequentially that reflected continued activity declines, pricing pressure and the reduction of activity in Venezuela to better match cash collections.
Visa ($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.