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Specialty chemicals firm $CBT said that on Dec. 15, 2015, United States Court of Appeals for the District of Columbia Circuit ruled to keep the Mercury and Air Toxics Standards (MATS) regulation in place. This regulation provides upside in 2H16 to the previous outlook of roughly breakeven EBIT for the Purification Solutions segment for FY16.
Visa ($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.