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$AA's remediation reserve balance was $605MM at March 31, 2016 compared to $604MM at Dec. 31, 2015, and reflects the most probable costs to remediate identified environmental conditions. In 1Q16, the reserve was raised by $7MM linked to a number of sites. Payments related to these expenses applied against the reserve were $11MM in 1Q16.
Visa ($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.