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$HBI said its BoD declared a regular quarterly cash dividend of $0.11 per share and approved a new share repurchase authorization for up to 40MM shares. The dividend will be paid June 7, 2016, to stockholders of record at business close May 17, 2016. The new plan authorizes to buy up to 40MM shares valued at more than $1Bil at today's share price.
Visa ($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.