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Energy companies $TE and $EMA said that the New Mexico Public Regulation Commission (NMPRC) hearing examiner has issued an order moving the hearing date for $EMA's acquisition of $TE and the indirect acquisition of New Mexico Gas Co. from May 23, 2016 to May 2, 2016. The $TE acquisition is expected to close in mid-2016.
Visa ($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.