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$DTE said it is on track to fulfill its pledge to bring more work back to the Michigan state by spending more than $1Bil with Michigan-based companies this year. $DTE's CEO Gerry Anderson today said that through the month of May, $DTE spent more than $480MM with Michigan-based companies, well above its first quarter target of $333MM.
Visa ($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.