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$IFF 2Q15 Q&A: Vesterinen of Exane BNP Paribas asked to update on cross-listing, what the rationale was and is IFF taking actions to improve liquidity. Mike answered that IFF begins trading on early June with cross-listing in Euronext. In the process of working with several banks in Europe based and Paris to try improve liquidity.
Visa ($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.