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$SBRA $SBRAP said the bankruptcy court approved this Texas Health Resources (THR) bid as the stalking horse bid in the auction process. Other bids for the auction are due by May 10 and if additional bids are received, an auction will be held on May 12. A hearing is scheduled for May 19 to approve the sale to the successful bidder.
Visa ($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.