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$TMO said $AFFX's BoD concluded that its merger agreement remains superior and continues to recommend that $AFFX stockholders vote in favor of transaction at March 31 stockholder meeting. $TMO said it is confident that $AFFX stockholders will show their resounding support for fully financed, all cash merger by voting in favor of its deal.
Visa ($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.