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$DG 1Q15 10-Q: At 1Q15-end: Cash and cash equivalents were $225.12MM, up 35.34% from $166.33MM at 1Q14-end and long-term obligations were $2,614.01MM, down 13.05% from $3,006.4MM at1Q14-end. Total reserves for uncertain tax benefits, interest expense related to income taxes & potential income tax penalties were $9.4MM, $1MM & $0.4MM, respectively.
Visa ($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.