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$PCL 2Q15 Call: Total capital expenditures during 2Q15 were $24MM. We continue to expect ongoing capital expenditures for all business segments to be around $90MM for 2015. Our balance sheet remains strong; with a 4% cost of debt and $675MM of liquidity, we remain well positioned to meet our commitments to our shareholders and grow the business.
Visa ($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.