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For 1Q16, in OCG, $KELYA $KELYB said gross profit rose by 20%, while expenses were up 14% YoverY, due mainly to performance based compensation & servicing cost associated with the expansion of existing customer programs. For the company, cash totaled $46MM compared to $42MM at year-end 2015. Debt at 1Q16-end was $39MM, down $41MM from a year ago.
Visa ($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.