Want to join the conversation?
$SYY said it has agreed to buy Brakes Group, which is owned by Bain Capital Private Equity. The transaction is valued at about $3.1Bil and includes the repayment of about $2.3Bil of Brakes Group's financial debt. The companies expect to complete the transaction before the end of $SYY''s fiscal year in July 2016.
Visa ($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.