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$GT said it priced its offering of $1Bil aggregate principal amount of 8-year senior notes, which will be offered to the public at a price of 100% of their principal amount and will bear interest at a rate of 5.125% per annum. $GT intends to use the net proceeds to redeem in full its $1Bil in principal amount of 8.25% senior notes due 2020.
Visa ($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.