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$RTN expects net federal, foreign and state tax payments to be about $768MM in 2016. The company expects its PP&E and internal use software expenditures to be about $415-475MM and $60-80MM, respectively, in 2016, consistent with the anticipated needs of its business and for specific investments including capital assets and facility improvements.
Visa ($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.