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$NEP expects the acquisition to increase its incremental debt capacity at holding company to $375-475MM and expects 12-15% per year growth in limited partner distributions through 2020 at an annual rate of $1.23. $NEP expects cash available for distribution to be $230-290MM as of end 2016, net of incentive distribution rights fees.
Visa ($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.