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$HOT said that on March 10 it received non-binding proposal from consortium of companies to buy all outstanding common shares of $HOT for $76 per share in cash. Stockholders would also receive consideration in form of Interval Leisure Group (ILG) common stock from spin-off of vacation ownership business and subsequent merger with ILG.
Visa ($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.