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Arren Cyganovich of DA Davidson & Co. asks about acceleration in account acquisitions. $DFS said it is expecting the strong new account growth, along with other actions being taken, to help increase loan growth. The company is looking for a 4-6% range in total for loan growth but it expects to move further into this range in the future.
Visa ($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.