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$MSI said it completed its acquisition of Airwave, the largest private operator of a public safety network. The company purchased Airwave on a debt-free basis with a net cash payment of approx. $1Bil, and expects the acquisition to add to its non-GAAP earnings and free cash flow. $MSI said it intends to incorporate Airwave into its 2016 outlook.
Visa ($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.