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$AVGO 2Q15 10-Q: As of May 3, 2015, total assets were $10.53Bil vs. $3.67Bil as of May 4, 2014. Liabilities were $6.47Bil vs. $0.52Bil as of May 4, 2014. Long-term debt was $3.93Bil vs. $4.53Bil as of Nov. 2, 2014. Cash and cash equivalents were $2,508MM vs. $1,278MM as of May 4, 2014. Dividends declared per share were $0.38 vs. $0.27 in 2Q14.
Visa ($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.