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Cash provided by operating activities reflected $ABBV's voluntary contributions to its main domestic defined benefit plan of $150MM in 2015. The company also made a voluntary contribution of $150MM to this plan subsequent to Dec. 31, 2015. $ABBV paid $350MM to purchase a priority review voucher from $UTHR in 2015.
Visa ($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.