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During the three months ended Sept. 30, 2015, $V did not repurchase stock due to the Visa Europe conversations that was underway. Now that $V has announced the Visa Europe transaction, it will resume its stock buyback. It intends to step up the phase of buybacks immediately to make up of buybacks that were not completed in 4Q15.
Visa ($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.