Want to join the conversation?
In fee businesses, $WFC had its best results in five quarters, including deposit accounts, trust and investment, mortgage banking and lease income. Mortgage banking results were helped by strong residential and commercial mortgage originations. Origination volume in 4Q16 is expected to be up YoverY, while down sequentially due to seasonality.
Visa ($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.