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$SBUX Starbucks Corporation announced that its BoD has authorized the repurchase of an additional 50MM shares of SBUX's common stock under its ongoing share repurchase program. This authorization has no expiration date and is in addition to the 11MM shares that remained available for repurchase as of June 28, 2015 under an existing authorization.
Visa ($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.