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$WEC's outstanding long-term debt, including current maturities as of Dec. 31, 2015, included approx. $3Bil of Integrys debt assumed on June 29, 2015. The amount assumed included $46.2MM of fair value adjustments. This will be amortized over the estimated remaining life of the debt and will not be a part of future principal payments.
Visa ($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.