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$TEG 1Q15 10-Q: Net cash provided by operating activities was up $254.5MM to $524.2MM vs. $269.7MM in 1Q14. Net cash used for investing activities was up $34.2MM to $197.5MM vs. $163.3MM in 1Q14, driven by $49.2MM increase in cash used for CapEx. Net cash used for financing activities was $258.3MM vs. $72.1MM in 1Q14, an increase of $186.2MM.
Visa ($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.