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$RIG said that its subsidiary Transocean Inc. has closed its previously announced offering of $1.25Bil in aggregate principal amount of senior unsecured notes due 2023. Net proceeds will be used to fund $RIG's previously announced tender offers to purchase various senior notes and refinance existing debt and for general corporate purposes.
Visa ($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.