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$CVX's cash, cash equivalents and marketable securities totaled $8.9Bil at March 31, 2016. Cash provided by operating activities in the first three months of 2016 was $1.1Bil compared with $2.3Bil in the year-ago period, reflecting lower crude prices. The company paid dividends of $2Bil to common shareholders during the first three months of 2016.
Visa ($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.