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$PRGO announced closing of the registered public offering by Perrigo Finance Unlimited of $1.2Bil senior notes of Issuer, consisting of $500MM of its 3.500% Senior Notes due 2021 and $700MM of its 4.375% Senior Notes due 2026. $PRGO sees that total net proceeds to be about $1.188Bil, after deducting underwriting discount and offering expenses.
Visa ($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.