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$ICE said that the integration of Integrative Data, which the company acquired in Oct. 2015, is on track. $ICE expects to realize roughly $50MM in synergies from Interactive Data and approx. $100MM in combined expense synergies during 2016. Adjusted expenses are expected to be $1.94-1.97Bil for 2016 and $485-495MM in 3Q16.
Visa ($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.