Key Developments: Kimberly-Clark Corp (KMB)

KMB on New York Consolidated

111.23USD
21 Oct 2014
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Latest Key Developments (Source: Significant Developments)

Kimberly-Clark Corp lowers FY 2014 EPS outlook
7:30am EDT 

Kimberly-Clark Corp:Expects FY 2014 adjusted earnings per share to be $5.93 to $6.03, assuming the spin-off of its health care business occurs at the end of Oct. 2014.Says the previous target for adjusted earnings per share was $6.00 to $6.15 and assumed a full year of results for the health care business.FY 2014 EPS of $6.06 - Thomson Reuters I/B/E/S.  Full Article

Kimberly-Clark Corp updates on spin-off and increase in share repurchase target
Tuesday, 7 Oct 2014 08:30am EDT 

Kimberly-Clark Corp:Announces record date, distribution date and distribution ratio for previously announced tax-free spin-off of its health care business.Spin-off will form new publicly traded company, Halyard Health Inc.Spin-off is expected to be effective as of end of day on Oct. 31.Before completion of spin-off, Halyard Health expects to make one-time cash payment to Kimberly-Clark.Also increasing its 2014 share repurchase target to $2 bln, up from its previous plan of $1.3 to $1.5 bln.  Full Article

Kimberly-Clark subsidiary arranging debt financing in connection with Spin-Off
Tuesday, 16 Sep 2014 08:30am EDT 

Kimberly-Clark Corp:Says Halyard Health, Inc., its wholly owned subsidiary, is beginning the process of raising external financing in preparation for the spin-off of Halyard Health at the end of Oct. 2014.External financing is expected to consist of a senior secured term loan B of about $390 mln and about $250 mln of senior unsecured notes.  Full Article

Kimberly-Clark Corp and Greenpeace collaborate to protect forests
Tuesday, 5 Aug 2014 09:00am EDT 

Kimberly-Clark Corp:Company and Greenpeace, which established framework for collaboration towards long-term solutions to protect forests worldwide.Relationship helped accomplish key objectives for both organizations by increasing the use of fiber from sustainable sources.Two organizations opened dialogue that enabled both parties to learn they had many shared goals and could help each other achieve them.  Full Article

Kimberly-Clark Corp declares quarterly dividend
Friday, 1 Aug 2014 09:00am EDT 

Kimberly-Clark Corp:Declares regular quarterly dividend of $.84 per share.Payable on Oct. 2.Record date on Sept. 5.  Full Article

Kimberly-Clark lowers high end of prior FY 2014 EPS guidance to a range in-line with analysts' estimates
Tuesday, 22 Jul 2014 07:30am EDT 

Kimberly-Clark Corp:Expects FY 2014 adjusted earnings per share to be in the range of $6.00 to $6.15 compared to the company's previous guidance range of $6.00 to $6.20.FY 2014 adjusted EPS of $6.12 - Thomson Reuters I/B/E/S.  Full Article

Kimberly-Clark Corporation partners with nonprofit Malaria No More
Thursday, 26 Jun 2014 04:20pm EDT 

Kimberly-Clark Corporation:Partnering with nonprofit Malaria No More to reduce malaria deaths in Kenya.Partnership focuses on protecting the health of pregnant women and children, two groups most vulnerable to malaria.This marks the first time Kimberly-Clark (K-C), maker of Huggies brand diapers and baby wipes, has partnered with nonprofit on this issue.  Full Article

Kimberly-Clark Corporation gives long term revenue guidance - Conference Call
Thursday, 29 May 2014 10:00am EDT 

Kimberly-Clark Corporation:Says long-range top-line goals have been 3pct to 5pct.FY 2014 revenue of $21.45 billion - Thomson Reuters I/B/E/S.FY 2015 revenue of $22.25 billion - Thomson Reuters I/B/E/S.FY 2016 revenue of $22.94 billion - Thomson Reuters I/B/E/S.  Full Article

Kimberly-Clark declares regular quarterly dividend
Thursday, 1 May 2014 01:16pm EDT 

Kimberly-Clark Corp:Declares regular quarterly dividend of $.84 per share.Dividend is payable on July 2, to stockholders of record on June 6.  Full Article

Kimberly-Clark Corp reaffirms FY 2014 EPS outlook
Monday, 21 Apr 2014 07:30am EDT 

Kimberly-Clark Corp:Says it continues to expect that adjusted earnings per share in FY 2014 will be between $6.00 and $6.20.FY 2014 EPS of $6.11 - Thomson Reuters I/B/E/S.  Full Article

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