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In 3Q16, $CSRA repurchased and retired 1,310,122 shares for $37MM or $27.90 per share. On Dec. 4, $CSRA and $C signed a deal as per which $C can purchases $CSRA stock on its behalf for a total price not exceeding $50MM. At Jan. 1, $CSRA remained authorized to purchase $363MM of stock, including $13MM under the agreement with $C.
Visa ($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.