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$PFE said based on Hospira's excellent strategic fit with its Established business and its intense focus on integration of Hospira, it expects to exceed its original synergy targets of $800MM in annual cost savings by 2018. The company added that it now expects to achieve approx. $1Bil in cost savings.
Visa ($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.