Tom Falk, Kimberly-Clark Chairman and CEO, discusses why his company originally got into the health care business, and why it's looking at spinning off its health care business.» Read More
NEW YORK, Nov 15- Kimberly Clark shares dropped slightly Friday morning after the company said during a press call that the potential spin off of its healthcare division still needs board approval and would not occur for several months.
Nov 14- Kimberly-Clark Corp, the maker of Kleenex tissues, said its board authorized a potential spin-off of its health care business, sending its shares up 6 percent in extended trading.
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*Netflix stumbles in wake of earnings. NEW YORK, Oct 22- U.S. stocks climbed on Tuesday, pushing the S&P 500 to yet another record high, after weaker-than-expected job creation last month reinforced expectations the Federal Reserve will hold the course on its economic stimulus into next year.
Take a look at some of Tuesday's midday movers:
Oct 22- Kimberly-Clark Corp, maker of Kleenex tissues, posted a bigger-than-anticipated rise in quarterly profit on Tuesday on continued growth overseas as well as global cost cutting.
U.S. stock index futures tread water on Tuesday, ahead of the publication of the government's delayed non-farm payrolls data for September.
Kimberly-Clark also raised the low end of its 2013 adjusted earnings-per-share forecast by 5 cents, and now expects to earn $5.65 to $5.75 per share this year.
Oct 22- Kimberly-Clark Corp posted higher quarterly profit on Tuesday as it cut costs to help mitigate the impact of flat sales. The maker of Kleenex tissues and Huggies diapers also raised the low end of its 2013 earnings per share forecast by 5 cents, and now expects to earn $5.65 to $5.75 per share this year.
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*SCA already owns 21.7 percent; Vinda board recommends offer. *Bid values Vinda at 9.4 bln crowns ( $1.4 bln. HONG KONG/ STOCKHOLM, Sept 9 (Reuters)- Swedish hygiene products firm SCA said on Monday it would make a cash bid for control of Chinese tissue maker Vinda as part of a strategic push into fast-growing Asian markets.
*SCA bids $11 HK per share for China's Vinda. HONG KONG/ STOCKHOLM, Sept 9 (Reuters)- Swedish hygiene products firm SCA said on Monday it would make a cash bid for Vinda valuing the Chinese company at 9.4 billion Swedish crowns ( $1.41 billion) to boost its presence in the world's second-largest market for tissues.
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