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Free cash flow for the first nine months of 2015 was about even with last year and reflects $DD's expected seasonal working capital needs. Lower cash earnings were offset by related improvements in working capital & $DD anticipates seasonal cash inflow in 4Q15. Net debt at 3Q15-end reflects $DD's normal seasonal pattern of cash flows.
Visa ($V) set to release it earning after market close today. With new CEO resigning so close to the earnings, should we expect to see any surprises? Visa has been making strong moves with Visa Europe acquisition, partnership with PayPal and a 15% increase if quarterly dividends.
Kimberly Clark Corp ($KMB) has been in decline for most of the year, the stock has also not been getting any analyst love. Will today’s earnings break the trend? Revenue has been up and down in the last four quarters, let us see what this quarter brings.
$KMB down close to 4% after it misses on earnings and revenue. Forecasts are lower for the year.