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Doug Leggate of Bank of America asks about 1Q16 operating cash and free cash flow in Egypt and North Sea operations. $APA CFO Stephen Riney replied that the company doesn't give this type of information down to the asset level. He stated that both of those asset areas this year will be cash flow generators for the company.
Visa ($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.