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$CP revises offer for $NSC that is financially more attractive and dramatically reduces regulatory uncertainty for $NSC shareholders. $CP anticipates closing and listing of shares to occur on May 1, 2016. $CP estimates total value of stock and cash consideration to $NSC shareholders to be worth $125-140 per share at closing of deal.
Visa ($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.