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$MTB said that the Federal Reserve did not object to its 2016 Capital Plan and its proposed capital actions for the 4-quarter period starting on July 1, 2016. The capital plan includes the repurchase of up to $1.15Bil of common shares during this period, and an increase in the quarterly dividend in 1Q17 of up to $0.05 per share to $0.75 per share.
Visa ($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.