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Stock Market & Financial Investment News

News Breaks
July 15, 2014
05:48 EDTKMBKimberly Clark upgraded to Neutral from Sell at Goldman
Goldman Sachs upgraded Kimberly Clark to Neutral citing sustained international growth and falling pulp prices. The firm keeps a $112 price target for shares.
News For KMB From The Last 14 Days
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October 27, 2014
18:38 EDTKMBS&P announces changes to the S&P MidCap 400 and S&P SmallCap 600 indices
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October 22, 2014
09:31 EDTKMB, KMBKimberly Clark upgraded to Outperform from Underperform at CLSA
CLSA upgraded Kimberly Clark to Outperform and raised its price target to $125 following the Q3 earnings beat.
06:54 EDTKMBProtection equipment makers see sales rise amid Ebola situation, NY Times says
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October 21, 2014
10:52 EDTKMBKimberly Clark says hasn't seen many potential deals of interest
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10:37 EDTKMBKimberly Clark says exiting Venezuela 'not an option' right now
Says Venezuela business is profitable. Sees currency headwind of up to 10c in Q4. Says sees relatively flat U.S. diaper demand.
10:13 EDTKMBKimberly Clark sees currency headwinds in Q4
Comment made on the Q3 earnings conference call.
10:09 EDTKMBKimberly Clark sees FY organic sales growth at least at midpiont of 3%-5% range
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10:09 EDTKMBKimberly Clark says closely monitoring environment in Venezuela
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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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