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$CPE said it appointed Joseph Gatto Jr. as President, in addition to his current role as CFO and Treasurer. Mitzi Conn was appointed to the newly created position of VP and CAO and will report to Gatto. Gary Newberry and Gatto will continue to report to Fred Callon, CEO and Chairman of the BoD.
Visa ($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.