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$AZO 3Q15 10-Q: Fair value of debt was estimated at $4.635Bil as of May 9, 2015, based on the quoted market prices for the same or similar debt issues or on the current rates available to AZO for debt of the same terms. Had $934.5MM of variable rate debt outstanding at May 9, 2015, and $893.8MM of variable rate debt outstanding at Aug. 30, 2014.
Waiting with fingers crossed for $AAPL’s fourth quarter earnings.
Looking ahead to $AAPL earnings release later in the afternoon today? Gene Munster, analyst from Piper Jaffrey and the most respected authority for Apple, had this to say - "The second and slightly larger group of investors believe the tail of the iPhone 7 is irrelevant, and is betting that the iPhone 10th Anniversary will yield a jump in growth from flat to up ~15%."
Visa ($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.