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During 2015, $BIIB's share of losses exceeded the carrying value of its investment. The company suspended recognizing additional losses and will continue to do so unless it commits to providing additional funding. Based on development plans as of Dec. 31, 2015, $BIIB expects future milestone payments to third parties of up to approx. $2.8Bil.
Visa ($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.