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Board of Directors of $PCAR approved an additional $300MM of share repurchase of its outstanding common stock. "The stock repurchase program reflects the Board's confidence in $PCAR's successful global business growth," said Ron, CEO. In the last 10 years, $PCAR's shareholder return has averaged 9.8% vs. The S&P 500 Index return of 7.2%.
Visa ($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.