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Tobacco company $MO said cash tender offers for its 9.95% senior notes due 2038 and 10.20% senior notes due 2039 have been completed. The offers expired on Sept. 19, 2016. Total principal amount of the 2038 notes accepted for purchase was $440,588,000 and the total principal amount of the 2039 notes accepted for purchase was $492,000,000.
Visa ($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.