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At Dec. 31, 2015, $PM operated and owned 48 manufacturing facilities and maintained contract relationships with 22 third-party manufacturers across 21 markets. Also, $PM works with 38 third-party operators in Indonesia who manufacture its hand-rolled cigarettes. In 2015, 24 of its facilities each manufactured over 10Bil cigarettes.
Visa ($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.