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$AKAM 2Q15 PR: Cash from operations was $264MM, or 49% of revenue. Cash, cash equivalents & marketable securities as of June 30, 2015 was $1.5Bil. The Company spent $63MM to repurchase 0.9MM shares of its common stock at an average price of $74.12 per share. The Company had approx. 179MM shares of common stock outstanding as of June 30, 2015.
Visa ($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.