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$REXX said that it has entered into an agreement with an affiliate of Benefit Street Partners L.L.C. (BSP) to jointly develop 58 specifically designated wells in the company's Moraine East and Warrior North operated areas. BSP has committed to fund 15% of the first 16 wells in Moraine East, and 65% of six wells in Warrior North.
Visa ($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.