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Consumer goods holding company $POST said it has started a tender offer to buy its 7.375% senior notes due 2022 of $1,375MM. The offer will expire on July 29. Holders who validly tender their notes on or prior to July 29 will receive $1,070.83 per $1,000 principal amount plus interest to the settlement date, which is expected to be Aug. 3, 2016.
Visa ($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.