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John Kim of BMO Capital Markets asks for an update on Seattle. $ESS said a 3.5% job growth in Seattle will take care of supply in the marketplace. In rent and median growth, Seattleâs current ratio is around 21% and long-term avg. is around 18%. Seattle has median household income levels at the $80,000-90,000 range and rents are priced well.
Visa ($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.