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$BID said it has named Dennis Weibling as its interim CFO. Dennis is a member of $BID's Board since 2006 & the current Chair of the Board's Audit Committee, will assume the role effective Jan. 1, 2016. He succeeds Patrick McClymont, who has been the company's CFO since Oct. 2013, and will step down on Dec. 31, 2015 to pursue other opportunities.
Visa ($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.