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Sanjay Sakhrani of KBW probes on the question of progress in Europe & some M&A opportunities there. $MA CEO Ajay Banga said one has to wait for Visa to get through with acquisition process. The company is working its way through it. On M&A, some deals have come across, sometimes ending up seeing as much as 15-20 deals, but ending up doing 1 or 2.
Visa ($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.