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Kimberly-Clark to spin off health care business
Associated Press ^ | Nov 14, 2013 5:46 PM EST

Posted on 11/14/2013 3:07:16 PM PST by Olog-hai

Kimberly-Clark Corp., which makes Kleenex tissues and Huggies diapers, said on Thursday that it plans to spin off its health care business into a separate publicly traded company.

Kimberly-Clark’s stock jumped 5 percent in after-hours trading following the announcement Thursday. …

(Excerpt) Read more at hosted.ap.org ...


TOPICS: Business/Economy; Chit/Chat; Health/Medicine; Miscellaneous
KEYWORDS: huggies; kimberlyclark; kleenex; stockmarket

1 posted on 11/14/2013 3:07:16 PM PST by Olog-hai
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To: Olog-hai

Probably would have gotten a better price a year ago.


2 posted on 11/14/2013 3:16:10 PM PST by Michael.SF. (0bama lied, Stevens died, now 0bama covers up the lies.)
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To: Olog-hai

Probably due to compliance issues.


3 posted on 11/14/2013 3:23:11 PM PST by driftdiver (I could eat it raw, but why do that when I have a fire.)
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To: Olog-hai

The Health Care division that makes medical devices? Nah, couldn’t possibly have seen that coming.

“Could have got a better price a year ago” - - you kiddin’ me? Their stock’s at the 52-week high today


4 posted on 11/14/2013 3:43:50 PM PST by bigbob (The best way to get a bad law repealed is to enforce it strictly. Abraham Lincoln)
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To: Olog-hai

Isolating themselves from the fallout when it goes belly up. Obamacare dictates coverage terms and levels while limiting what insurance can charge. Funny thing is, when California did the same thing to their electricity market everyone called it “deregulation”.


5 posted on 11/14/2013 3:50:45 PM PST by SeeSharp
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To: Olog-hai
The new logo for their Kleenex tissues, t-paper and diapers...

If you make a mess we've got it covered!

6 posted on 11/14/2013 3:50:59 PM PST by TigersEye (Stupid is a Progressive disease.)
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To: Olog-hai

When I was in 5th grade (1969), we saw a very special movie from them.

(Do schools still do that??)


7 posted on 11/14/2013 4:23:24 PM PST by KosmicKitty (WARNING: Hormonally crazed woman ahead!!)
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