News: Kimberly-Clark Corp (KMB.N)

KMB.N on New York Stock Exchange

108.00USD
29 Aug 2014
Price Change (% chg)

$-0.14 (-0.13%)
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$114.40
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Mon, May 19 2014

Fitch Rates Kimberly-Clark's $600MM Sr. Unsecured Notes 'A'

(The following statement was released by the rating agency) CHICAGO, May 19 (Fitch) Fitch Ratings will assign an 'A' rating to Kimberly-Clark Corporation's (Kimberly) two senior unsecured notes issuances comprised of a floating rate note due May 2016 and a fixed rate note due May 2019. The amounts and interest rates will be determined later today. The 2016 notes are not redeemable prior to maturity. Net proceeds will be used for general corporate purposes. The notes will be issued under a

China is a driver, not a drag, for U.S. earnings in first quarter

NEW YORK - Economic growth may be slowing in China, and fears of a credit crunch there may be rife, but the world's second-largest economy was a driving force for U.S. company profits in the last quarter.

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