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During 3Q15, $CTL generated $1.78Bil of cash from operation vs. $1.75Bil in 3Q14. These increases were driven by higher revenues due to the recognition of CAF Phase 2 funds, along with the growth in high-bandwidth data services & Consumer strategic revenues, which were partially offset by declines in legacy & low-bandwidth data services revenues.
Visa ($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.