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$IBM 2Q15 Q&A: Suva of Citibank asked about operating expenses, and Martin said the 9% year-to-year improvement in expense was driven heavily by the translation, the currency impact, which was actually 11 points. The impact of having the expense from system ex-divestiture now out of IBM's run rate was a couple of points, he added.
Visa ($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.