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Allentown, Pennsylvania-based $TLN said the sale of the Eastern hydro assets on April 1, 2016 for $860MM marks the end of the FERC mitigation asset sales. The Brunner Island co-fire project remains on schedule, which should permit the company to bring in Unit 3 by Aug. and the smaller two units by the end of 2016.
Visa ($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.