Want to join the conversation?
Matt Sheerin of Stifel Nicolas enquires the details of the UK contract. $SNX stated that it did not give a specific date for the closure of the contract but it will be early in the new year. The contract is within guidance of being breakeven for the year. $SNX plans to redeploy the staff into other programs and re-use the facilities.
Visa ($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.