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Greenlee Textron Inc., a $TXT company, said that it has sold its interest in Rothenberger USA, LLC to its joint venture partner, Rothenberger USA Inc. The transaction was effective on Nov. 23, 2015 and allows Greenlee and Rothenberger to pursue their own business opportunities independently. The joint venture was established in 2004.
Visa ($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.