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$STZ said that in Nava the company successfully completed its first incremental 5MM hectolitre capacity expansion by year-end calendar 2015. The company is progressing with its plan to build Nava to 27.5MM hectolitre by early calendar 2018. $STZ's beer business was the number one contributor to growth in the total US beer category.
Visa ($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.