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In February 2016, $MMM's BoD authorized the repurchase of up to $10Bil of outstanding common stock, which replaced the February 2014 repurchase program. This new program has no pre-established end date. In February 2016, $MMM's BoD also declared a 1Q16 dividend of $1.11 per share, an increase of 8%.
Visa ($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.