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$CCE has amounts available to it for borrowing under a $1Bil multi-currency credit facility with a syndicate of 8 banks. This facility matures in 2017 and is for general corporate purposes, including serving as a backstop to the company's commercial paper program and supporting its working capital needs. At April 1, 2016, availability was $1Bil.
Visa ($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.