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$MRK announced results from two Phase 3 studies evaluating MK-1293, its investigational, follow-on biologic insulin glargine candidate for treatment of people with type 1 and type 2 diabetes. In both studies, MK-1293 achieved primary endpoint by demonstrating non-inferiority in change from baseline A1C and similar safety to Lantus.
Visa ($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.