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$BLL, which competes with $AA, said it expects 2016 free cash flow to be in a similar range as 2015, excluding cash costs related to the Rexam transaction with CapEx expected to be in the range of $400MM and working capital to be generally flat YoverY. Interest expense is expected to be roughly $145MM, excluding debt refinancing and other costs.
Visa ($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.