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$SPG 2Q15 PR: SPG closed on seven new loans of approx. $2.4Bil. As of June 30, 2015, had over $5.5Bil of liquidity consisting of cash on hand including share of JV cash and available revolving credit facility capacity. Company opened Vancouver Designer outlet in Vancouver, British Columbia, Canada. Expects 2015 diluted EPS to be $5.47-5.52.
Visa ($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.