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$AAP's outstanding indebtedness as of April 23, 2016 was $1.23Bil, inclusive of its revolving credit facility and senior unsecured notes. This is $23.6MM higher than Jan. 2, 2016, as a result of net borrowings on credit facilities. As of April 23, 2016, $AAP had borrowings of $80MM under its term loan and $106MM million under its credit facility.
Visa ($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.