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$SWN has entered a new $1.934Bil credit facility, with $1.191Bil secured term loan and $743MM revolving credit facility, both due Dec. 14, 2020. The $1.191Bil term loan is fully drawn with remaining about $285MM used to pay down existing revolving credit facility balance and the rest available for liquidity purposes.
Visa ($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.