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$COR announced the sale of 3MM common shares by investment funds affiliated with Carlyle Group to J.P. Morgan, as the sole underwriter in connection with the offering. Investment funds affiliated with The Carlyle Group will continue to hold an aggregate of 13.78MM partnership units in the company's operating partnership.
Visa ($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.