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$NSC Q215 PR: Repurchased 7.4MM & 1.0MM common stock shares in the first 6 months of 2015 & 2014, at a cost of $765MM & $100MM, respectively. We’ve authorization from our Board of Directors to repurchase up to 27.8MM shares through December 31, 2017. Since 2006 beginning, we’ve repurchased & retired 147.2MM shares at a total cost of $9.2Bil.
Visa ($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.