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$LOW said it expects cash flows from operations to be approx. $5.6Bil in 2016. CapEx is expected to be approx. $1.5Bil, which results in an estimated free cash flow of $4.1Bil for 2016. The company's guidance assumes approx. $3.5Bil of share repurchases for 2016.
Visa ($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.