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$CMI Event Update: Today announced that Dr. John Wall, VP, Chief Technical Officer, will be retiring after nearly 30 years with the Company. Wall has been at the center of many pivotal moments and initiatives in Cummins' history over the past quarter century. Jennifer Rumsey, VP of Engineering for Cummins' Engine Business, will take Wall's place.
Visa ($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.