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$HOG will incur a charge of $20-25MM in 4Q16 as it is restructuring its business. The company expects to benefit from savings of $30-35MM from this initiative going into 2017. This will be deployed to protect margins as $HOG moves into an uncertain 2017.
Visa ($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.