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For the week ended Oct. 10, the unadjusted advance number of actual initial claims under state programs was 255,059 compared to 227,176 initial claims in the prior week. The unadjusted number rose 12.3% or 27,883 from the previous week. The seasonal factors had expected an increase of 35,373 or 15.6% from the prior week.
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.