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$OREX 2Q15 Call: Estimates that third-party costs that OREX will bear for US & EU post-marketing obligations will be approx. $20-25MM in remainder of 2015 & approx. $35-45MM for each of 2016 & 2017. Through 2017, OREX is eligible to receive $45MM in anniversary milestones that are not included in current guidance & that helps offset cash expense.
Visa ($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.