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Mining equipment maker $JOY will replace $THOR in the S&P MidCap 400, and $VRSK will replace $JOY in the S&P 500 Oct. 7. $JOY has a market capitalization more representative of the mid-cap market space. $STJ is buying $THOR in a deal expected to be closed on or about Oct. 7., pending final approvals.
Visa ($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.