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$DXPE said during the first half of 1Q16, oil prices declined to around mid-20s in early Feb. This resulted in further declines in customers' operating and capital spending decisions. Low oil prices and the negative impact of the US dollar on export demand was a drag on manufacturing activity impacting the industrial side of $DXPE.
Visa ($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.