Kimberly-Clark (KMB) Misses Q3 EPS by 2c; Eases FY16 Outlook
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CLSA Downgrades Kimberly Clark (KMB) to Underperform
October 26, 2016 7:22 AM EDTCLSA downgraded Kimberly Clark (NYSE: KMB) from Outperform to Underperform.
For an analyst ratings summary and ratings history on Kimberly Clark click here. For more ratings news on Kimberly Clark click here.
Shares of Kimberly Clark closed at $113.73 yesterday.
... MoreUBS Cuts Price Target on Kimberly-Clark (KMB) Following 3Q Report
October 25, 2016 9:25 AM EDTUBS maintained a Neutral rating on Kimberly Clark (NYSE: KMB), and cut the price target to $123.00 (from $136.00), following the company's 3Q earnings report. KMB reported EPS of $1.52, compared to the consensus estimate of $1.54. 2016 ESP guidance was cut to $5.92-$6.05 (From $5.95-$6.15). On the positive, KMB... More
S&P hits two-week high on strong earnings; M&A supports
October 24, 2016 7:28 AM EDTBy Rodrigo Campos
NEW YORK - (Reuters) - The S&P 500 hit a two-week high on Monday on the back of strong earnings, while a flurry of acquisitions indicated corporate America continues to see untapped value in the market.
Annualized third-quarter earnings from S&P 500 components are expected to have risen 1.1 percent last quarter, following four quarters of contraction, according to Thomson Reuters I/B/E/S data. Of the 120 companies that have reported so far, 78 percent have beaten analyst expectations, above the long-term average of 63.5 percent.
Microsoft, which handily beat expectations last week, rose 2.2... More
