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Networking company $NTGR said it appointed Grady Summers to its BoD. He fills newly created seat on $NTGR's BoD and has been appointed as member of audit committee. Summers will stand for election at next annual stockholder meeting to be held later in 2016, when it is seen that board size will return to 9 due to retiring director departure.
Visa ($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.