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Regarding the alleged violations of the Controlled Substances Act, $CVS paid a fine of $22MM to the US Attorney's Office for the Middle District of Florida in May 2015. $CVS is also undergoing several audits by DEA and is in discussions with DEA and US Attorney's Office concerning allegations that $CVS has violated certain requirements of CSA.
Visa ($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.