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$AES, which operates as a diversified power generation and utility company, announced commencement of tender offers to buy for cash up to total of $250MM of its outstanding 7.375% senior notes due 2021, 4.875% senior notes due 2023, 5.500% senior notes due 2024, and 5.500% senior notes due 2025. The Tender Offers will expire on Jan. 26, 2016.
Visa ($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.