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In FY15, $JCI committed to a restructuring plan (2015 Plan) and recorded $397MM of restructuring and impairment costs in the consolidated income statement. This is the total amount incurred so far and the amount expected to be incurred for this plan. The restructuring actions of this plan are expected to be substantially complete in FY16.
Visa ($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.