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$QEP 1Q15 10-Q: CapEx was $342.1MM. During 1Q15, QEP reduced its operated drilling rigs from 21 during 2014 to 11 at the end of the 1Q15. QEP have reduced its CapEx budget for 2015 to circa $975MM from $2,726.4MM in 2014. QEP recognized $9.1MM in share-based comp expense for continuing ops vs. $6.4MM in 1Q14.
Visa ($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.