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We recently published Jim Cramer Discussed These 10 Stocks & AI-Led Job Growth. Kimberly-Clark Corporation (NYSE:KMB) is one ...
Shares of Kimberly-Clark fell 2.1% to $135.53 after the announcement; U.S.-listed shares of Suzano climbed 3.9%. The S&P 500 and Nasdaq Composite were both down 0.2%. Write to Mackenzie Tatananni ...
Kimberly-Clark KMB-1.50 % decrease; red down pointing triangle struck a more than $3 billion deal for its Kleenex and tissue businesses outside of North America as the maker of Scott toilet paper ...
Kimberly-Clark on Thursday struck a deal with Brazilian pulp maker Suzano to sell a majority stake in its international tissue business, valuing the business at about $3.4 billion, the Kleenex ...
One analyst suggested that Kimberly-Clark’s tissue business would be a better candidate to spin off. Kimberly-Clark Corp. is forming a joint venture with Suzano SA that will see it sell a ...
Kimberly-Clark Corp. has agreed to sell a majority stake in its global Kleenex and tissue businesses outside of North America to a newly-formed venture with Brazilian pulp supplier Suzano SA.
March 27 (Reuters) - Kimberly-Clark (KMB.N), opens new tab said on Wednesday it would reorganize into three business units as the Kleenex tissue maker looks to simplify operations and cut costs ...
Kimberly-Clark reiterated its guidance for adjusted EPS growth in the mid-to-high teens percentage range Last Updated: Oct. 22, 2024 at 7:27 a.m. ET First Published: Oct. 22, 2024 at 6:45 a.m. ET ...
Kimberly-Clark will own a 49% interest in the new venture, which will include substantially all the assets of its International Family Care and Professional business, and Suzano will own 51%.
We estimate Kimberly-Clark’s Valuation to be $123 per share, close to its current levels of $121. Our forecast is based on an 18x P/E multiple for KMB and expected earnings of $6.88 on a per ...
Kimberly-Clark said its Mobile mill employs more than 600 people, and produces bath tissue and paper towels under the Scott, Cottonelle, and K-C Professional brand names.
After receiving its board’s approval Thursday afternoon, Kimberly-Clark Corp. announced it will build an $800 million advanced manufacturing facility on approximately 560 acres of the former RG ...