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$WYN 2Q15 Call: Provision for loan loss and write-offs were $60MM respectively. Completed the second ABS term note transaction of the year on July 15. The $275MM Sierra 2015-2 transaction had a 2.56% weighted average coupon and a 90% advance rate. Adjusted diluted EPS for 3Q15 is expected to be $1.65-1.68.
Visa ($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.