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$EXPD's net cash used in financing activities for 2015 rose to $635MM from $606MM in 2014. $EXPD uses proceeds from stock option exercises, employee stock purchases and available cash to repurchase common stock on open market to limit growth in issued and outstanding shares. During both 2015 and 2014, $EXPD used cash to repurchase 13MM shares.
Visa ($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.