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$DBD, a provider of self-service delivery, services and software primarily to the financial industry, confirmed the results of its initial takeover offer for Wincor Nixdorf, receiving 68.9% of Wincor Nixdorf shares for purposes of satisfying the minimum tender condition as of March 29. The offer is expected to close in the summer of 2016.
Visa ($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.