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$FLS' gross margin for 2015 fell to 32.6% from 35.2% in 2014. The decrease was due to negative impact of margins resulting from purchase accounting adjustments on SIHI backlog and inventory, realignment charges, and certain lower margin projects that shipped from backlog and lower sales on absorption of fixed manufacturing costs.
Visa ($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.