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$BAX announced final results of its offer to exchange up to 13.36MM common shares of $BXLT owned by $BAX for its common shares. The exchange offer expired on May 18. All 13.36MM $BXLT common shares owned by $BAX will be distributed to $BAX stockholders, who validly tendered their shares, and $BAX will not hold any shares of $BXLT.
Visa ($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.