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RBC Capital Markets analyst Rich Moore questions $MAC whether there is anything going on with the Seritage JV with regards to shares. CFO Thomas O'Hern says that there is nothing that the company is in a position to announce right now. $MAC is working with its partner Seritage to think about the redevelopment of the nine centers.
Visa ($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.