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$IEX said its BoD has approved an additional share repurchase authorization of up to $300MM of its outstanding common shares. $IEX has reviewed its capital requirements over the planning horizon and has the capability to deploy in excess of $1Bil for acquisitions and organic growth initiatives while maintaining strong capital adequacy.
Visa ($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.