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$VLO 1Q15 10-Q: Total costs and expenses at March, 31, 2015 were $19,835MM vs. $32,312MM at March 31, 2014, down approx. 39%. G&A expenses decreased $13MM from 1Q14 to 1Q15 due to favorable legal settlement in 1Q15. The increase of $20MM in D&A expense was associated with the impact from new capital projects that began operating subsequent to 1Q14.
Visa ($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.