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Janet Kloppenburg of JJK Research asks about the tourist traffic trends in the core international business, excluding the acquisition of China. $LB said tourism does continue to be down slightly around the world. Russian and Latin American tourists are the most impacted and also tourism through high profile cities around the world is also down.
Visa ($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.