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Yahoo BusinessJan 25, 2021
Dow Jones Futures, Tech Futures Diverge; Stock Market Rally Riding High As Apple, Tesla Lead Earnings Tsunami

MarketWatch MarketPulseJan 25, 2021
Kimberly-Clark stock gains after profit and sales beats, raised dividend and new stock buyback program
Shares of Kimberly-Clark Corp. rose 1% in premarket trading Monday, after the consumer products company, which brands include Huggies, Kleenex and Scott, reported fourth-quarter profit and sales that beat expectations and announced a dividend increase and a new billion stock repurchase program. Net income slipped to $539 million, or $1.58 a share, from $547 million, or $1.59 a share, in the year-ago period. Excluding non-recurring items, adjusted earnings per share came to $1.69, above the FactSet consensus of $1.62. Sales grew 6% to $4.84 billion, topping the FactSet consensus of $4.73 billion, as personal care sales rose 5% to 42.3 billion, consumer tissue sales increased 14% to $1.7 billion and K-C Professional sales fell 9% to about $700 million. For 2021, the company expects adjusted EPS of $7.75 to $8.00, surrounding the FactSet consensus of $7.79, and sales growth of 4% to 6%, while the FactSet consensus of $19.59 billion implies 2.4% growth. Separately, the company said it has approved a 6.5% increase in the quarterly dividend, and set a new $5 billion stock buyback program. The stock has slipped 3.4% over the past three months through Friday, while the SPDR Consumer Staples Select Sector ETF has lost 0.5% and the S&P 500 has gained 10.9%.

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MarketWatchJan 25, 2021
Market Snapshot: Dow futures sag ahead of big week for tech earnings
Stock-index futures were mixed Monday, with tech-related equities finding support ahead of a busy week of earnings that features results from Apple Inc., Tesla Inc. and Facebook Inc.

MarketWatchJan 25, 2021
Europe Markets: Earnings help nudge European stocks higher, while airlines hit by Biden tightening restrictions
European stocks rose on Monday, with strong earnings and signs that California is reopening offsetting worries about the travel industry.
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