Want to join the conversation?
In Jan. 2016 $TXN announced its intention to phase out a small, older manufacturing facility in Greenock, Scotland, over the next three years. $TXN plans to move production from this facility to more cost-effective 200-mm TI manufacturing facilities in Germany, Japan and Maine, resulting in annualized savings of about $35MM per year.
Visa ($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.