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$TAP 2Q15 Call: Underlying free cash flow for the 1H15 totaled $241.1MM, which represents a $90.6MM decreased compared to 1H14. Total debt at the end of 2Q15 was $3.138Bil, and cash and cash equivalents totaled $413.8MM, resulting in net debt of $2.724Bil, which is $430.4MM lower than the prior year.
Visa ($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.