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$DNB said it is selling its domestic business in Latin America and Benelux and entering into new partner relationships in these regions. Under deal terms, the domestic businesses are sold for $39MM. Net present value of the combined deal is $200MM plus. The deals are expected to add to earnings in 2016 and 2017.
Visa ($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.