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$TYC said it expects to close its merger with $JCI on Sept. 2, 2016. The company said its BoD has declared an accelerated dividend of $0.23 per ordinary share, payable on Aug. 26, to shareholders of record on Aug. 5. The accelerated dividend is in addition to regular 3Q dividend scheduled to be paid on Aug. 17 to shareholders of record on July 22.
Visa ($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.