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$GPRE and Jefferson Gulf Coast Energy Partners, a unit of $FTAI, said they have formed a joint venture to construct and operate intermodal export and import fuels terminal at Jefferson's existing Beaumont, Texas terminal. The 50/50 JV is expected to invest about $55MM in its Phase 1 development which will initially focus storage of ethanol.
Visa ($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.