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$JEC said it has entered a share purchase agreement (SPA) to transfer operations within its Jacobs France subsidiary to NOX SARL in France. The transaction value was not disclosed, and was settled in cash at completion. The Jacobs France unit has offices located in Paris, Lyon, Le Havre and Aix en Provence, and a workforce of about 250 employees.
Visa ($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.