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$TDW said during 4Q16 it stacked 12 previously active vessels. The company also reactivated two previously stacked vessels and disposed of three vessels that were stacked at Dec. 31, 2015. As a result, the stacked fleet during 4Q16 averaged 73 vessels and was at 77 vessels at March 31, 2016 or up 7 vessels from 3Q16-end.
Visa ($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.