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$JCI said it is doubling its AGM expansion in North America by 2020 and aims to increase capacity up to 11MM units. The company is reiterating on the commitment of $1Bil of run rate savings from the combination of the ongoing productivity improvements at $TYC and $JCI along with synergy cost reductions $JCI expects to achieve.
Visa ($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.