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Stock Market & Financial Investment News

News Breaks
January 25, 2013
07:17 EDTKMBKimberly Clark sees FY13 share repurchases $1B-$1.2B
News For KMB From The Last 14 Days
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October 21, 2014
07:40 EDTKMBKimberly Clark reports Q3 Personal Care sales up 4% to $2.5B
Reports Q3 Consumer Tissue sales up 4% to $1.7B; Reports Q3 K-C Professional sales up 4% to $900M; Reports Q3 Health Care segment down 3% to $400M.
07:39 EDTKMBKimberly Clark reports restructuring costs in Western/Central Europe business
In October 2012, Kimberly-Clark initiated strategic changes to its Western and Central European businesses, including the exit of the diaper category, with the exception of the Italian market, divestiture or exit of some lower-margin businesses in certain markets, primarily in the consumer tissue segment, and streamlining of its manufacturing footprint and administrative organization. Related restructuring costs will be incurred through 2014 and are expected to be between $300 and $350 million after tax. Third quarter 2014 restructuring costs were $1 million pre-tax, bringing cumulative costs to $393 million pre-tax.
07:38 EDTKMBKimberly Clark initiates restructuring program, cto cut 1,100-1,300 employees
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07:37 EDTKMBKimberly Clark cuts FY14 adjusted EPS to $5.93-$6.03 from $6.00-$6.15
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07:34 EDTKMBKimberly Clark reports Q3 adjusted EPS $1.61, consensus $1.54
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October 20, 2014
15:48 EDTKMBKimberly Clark technical comments ahead of earnings
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15:36 EDTKMBNotable companies reporting before tomorrow's open
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October 10, 2014
07:16 EDTKMBAmerican Society of Plastic Surgeons to hold annual meeting
Annual Meeting of ASPS is being held in Chicago on October 10-14.
October 7, 2014
08:32 EDTKMBKimberly Clark raises 2014 share repurchase target in spin-off completion
Kimberly-Clark announced the record date, distribution date and distribution ratio for the previously announced tax-free spin-off of its health care business. The spin-off will form the new publicly traded company, Halyard Health. Kimberly-Clark also increased its 2014 share repurchase program to take into account expected proceeds as a result of the spin-off. Kimberly-Clark shareholders will receive one share of Halyard Health common stock for every eight shares of Kimberly-Clark common stock held as of the close of trading on Oct. 23, 2014, the record date for the spin-off. Kimberly-Clark shareholders will receive cash in lieu of any fractional shares. The spin-off is expected to be effective as of the end of the day on Oct. 31, 2014, the distribution date for the spin-off, with 100 percent of the shares of Halyard Health distributed to Kimberly-Clark shareholders. Before completion of the spin-off, Halyard Health expects to make a one-time cash payment to Kimberly-Clark. As a result, Kimberly-Clark is increasing its 2014 share repurchase target to $2B, up from its previous plan of $1.3 to $1.5 billion.

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