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$TE said Rob Bennett will serve as its COO. Bennett is president and CEO of Emera U.S., the holding company for Emera's U.S. assets. Sarah MacDonald, who now leads Emera's Caribbean operations, has been appointed as new president of TECO Services, effective Sept. 1. Gordon Gillette will continue as president of Tampa Electric and TECO Peoples Gas.
Visa ($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.