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On Aug. 8, 2016, $NRG said that it has agreed to sell its 51.05% interest in the CVSR facility to NRG Yield. The sale agreement was done for a total cash consideration of approx. $78.5MM, plus assumed project level debt. The sale is subject to customary closing conditions and is expected to close in 3Q16.
Visa ($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.