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For 1H16, $CHD's net cash from operating activities was $296.5MM, a $48.1MM increase from 1H15. CapEx for 1H16 was $17.8MM, a $16.2MM decrease from the prior year when the company was completing the York vitamin plant. At June 30, 2016, cash on hand was $210.8MM, while total debt was $1.08BIl.
Visa ($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.