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During 3Q15, $AIV approved a plan for redevelopment of a second tower at Park Towne Place, located in Center City Philadelphia. The first phase of the redevelopment is expected to be completed during 4Q15. During construction, $AIV expects to combine some apartment homes in this building on completion to include 245 apartment homes.
Visa ($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.