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$OI's net interest expense for 2015 rose to $251MM from $230MM last year, due to higher note repurchase premiums and write-off of finance fees related to refinancing activities in 2015. Exclusive of these items, interest expense slid by $1MM, primarily due to debt management activities and weaker Euro exchange rate in relation to the USD.
Visa ($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.