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RBC Capital analyst Scott Hanold asks $NBL how much room it has on its budget for the next 6-12 months due to cost savings and efficiencies. CEO David Stover says that the company at the beginning of the year said it will spend $1.5Bil per 390,000 BOE/day, but now it expects to spend under $1.5Bil and deliver on 415,000 BOE/day for the year.
Visa ($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.