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$STT 1Q15 10-Q: In 1Q15, STT completed the $1.7Bil common stock purchase program authorized by the Board of Directors in March 2014 with the purchase of approx. 6.3MM shares of its common stock at an average per-share cost of $74.88 and an aggregate cost of approx. $470MM. In 1Q15, STT recorded acquisition costs of $5MM, compared to $21MM in 1Q14.
Visa ($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.