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$JBLU's CFO and EVP Mark Powers will retire from the CFO role, effective Nov. 1, 2016. He will remain an advisor to the company for one year. Jim Leddy, $JBLU's SVP and treasurer, will serve as CFO on an interim basis following Powers' retirement subject to approval of the BoD at its regular meeting next week.
Visa ($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.