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$CELG's net cash provided by operating activities for 9-month ended Sept. 30, 2015 decreased by $547.9MM to $1.426Bil from last year. The decrease in net cash provided by operating activities was primarily attributable to fall in net income of $345MM in 2015 compared to 2014, and $164.5MM increase in deferred income taxes.
Visa ($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.