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Power Lunch

Recapping the big headlines: KMB, TMO, TUP

Kimberly-Clark products
Daniel Acker | Bloomberg | Getty Images

On Wednesday, Kimberly Clark posted a six percent drop in second quarter, as the consumer goods maker continued to struggle with weakening foreign currencies against the U.S. dollar.

The Dallas-based maker of Kleenex tissues, Scott toilet paper and Huggies diapers, earned an adjusted $1.51 per share for the third quarter.

That was two cents above estimates, with revenue also beating forecasts.

The company also raised its full-year forecast despite the negative impact of a stronger greenback.

Thermo Fisher beat earnings and lifted its full-year forecast.

The scientific solutions provider earned an adjusted $1.80 per share for the third-quarter, one penny above estimates, with revenue also above forecasts.

Thermo Fisher raised its full-year forecast as it benefits from growth in China, recent acquisitions and favorable currency impact,

Tupperware beat Wall Street estimates, but its heavy global presence weighed heavily on foreign exchange headwinds.

The household goods maker earned an adjusted 79 cents per share in the latest quarter, eight cents above estimates. Revenue also beat Wall Street forecasts.

Results were helped by growth in a variety of different markets around the world, including the emerging markets, which account for 70 percent of Tupperware's sales.