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Exploration and production company $APC posted a loss for 4Q15, hurt by lower revenues. $APC said it posted a net loss of $1,524MM, or $2.45 per share vs. a net loss of $479MM or 0.78 per share in 4Q14. Revenue & others fell 35% to $2.05Bil for the quarter. In FY15, $APC reduced YoverY capex by almost 40%.
Visa ($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.