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Defense giant $RTN was awarded $87MM to purchase long-lead materials as part of Standard Missile-3 Block IIAs development program of The U.S. Missile Defense Agency. A follow-on contract to procure additional materials, parts and components is expected by early 2016. The program is on track for both land and sea deployment in 2018.
Visa ($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.