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$SPLS said it is making progress on the $ODP acquisition. On February 2, $SPLS completed the extension of its acquisition financing arrangements and extended the merger agreement from February 4 to May 16. The extension will allow for the completion of court litigation with the FTC and the company expects a decision by May 10.
Visa ($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.