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$KLXI said acquisition is expected to add to its 2H16 results and substantially add to earnings in 2017, as it begins to realize the very significant cost synergies. $KLXI expects acquisition, integration and transition costs associated with the transaction, aggregating to about $10MM through end of 2017.
Visa ($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.