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Bofa Merrill Lynch analyst Robby Ohmes probes whether the 7-8% from acquisitions is already announced, or for FY17, if that includes other acquisitions yet to be announced. $UNFI responds that it does not include any acquisitions that haven't been announced. It's the continuation of acquisitions made in FY16 & includes the addition of Gourmet Guru.
Visa ($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.