Kimberly-Clark Mexico unit repays $74 mln loan early

Reuters

Fri, Aug 19, 2022, 4:35 PM

In this article:

MEXICO CITY, Aug 19 (Reuters) - Personal care product manufacturer Kimberly-Clark's Mexico division repaid a 1.5 billion peso ($74.43 million) loan ahead of schedule this week, the company said in a statement on Friday.

The loan was due in May 2023, according to the company, which makes products like Huggies, Kleenex and Cottonelle.

Shares in Kimberly-Clark de Mexico were up more than 1.5% in trading late Friday. ($1 = 20.1540 Mexican pesos) (Reporting by Kylie Madry Editing by Chris Reese)

California McDonald's Franchise Owner Says, 'The Focus Is On Survival' With 'Unprecedented' $20 Per Hour Minimum Wage Forcing Higher Prices
In response to California's new $20 minimum wage law, fast food franchises are being forced to rethink their business strategies to stay afloat. Scott Rodrick, who owns 18 McDonald's franchises in the state, is considering measures to manage the increased labor costs without resorting to layoffs, which he sees as a last resort. Don't Miss: 82% of Americans aren’t using this government secured 5% passive income stream, are you one of them? The average American couple has saved this much money for
Benzinga•21h ago
Sam Bankman-Fried Agrees to Help FTX Investors Go After Celeb Promoters
Sam Bankman-Fried has inked a settlement agreement with a group of FTX customers who have agreed to drop their class action lawsuit against him in exchange for his help going after celebrity promoters of the collapsed exchange.
CoinDesk•22h ago
I Was Incredibly Wrong About the Tesla Cybertruck
Unit sales appear considerably below my estimates.
Motley Fool•6h ago
The Bond Market Is Sounding Its Most Severe Alarm in Decades, and It Could Mean Trouble for the Stock Market
This bond market indicator has predicted past recessions with near-perfect accuracy since the mid-1960s, and it's sending Wall Street a warning right now.
Motley Fool•5h ago
Silicon Valley and Hollywood worlds collide as David Ellison bids for Paramount
David Ellison, 41, would not be the first rich guy to arrive in Hollywood with a fat bank account and dreams of making movies, though the son of billionaire Oracle founder Larry Ellison boasts the rarest of attributes for a budding media mogul: a Silicon Valley pedigree. In an industry where many get their start fetching coffee or moving props, Ellison spent summers writing computer code for his father's software company and getting insights on the movie business from Pixar Animation Studios co-founder Steve Jobs. Ellison is orchestrating a multi-step transaction that would result in the merger of his independent studio, Skydance Media, with Paramount.
Reuters•4h ago
Time to Pounce: 2 Phenomenal Ultra-High-Yield REITs That Haven't Been This Cheap in Years
The premier name among retail REITs, along with a 14%-yielding REIT that's returned $25 billion to its shareholders since going public, make for sensational buys right now.
Motley Fool•5h ago
Trump poised to clinch $1.3 billion social media company stock award
Donald Trump is set to secure on Tuesday a stock bonus worth $1.3 billion from the company that operates his social media app Truth Social, equivalent to about half the majority stake he already owns in it, thanks to the wild rally in its shares. The award will take the former U.S. President's overall stake in the company, Trump Media & Technology Group (TMTG), to $4.1 billion. While Trump has agreed not to sell any of his TMTG shares before September, the windfall represents a significant boost to his wealth, which Forbes pegs at $4.7 billion.
Reuters•4h ago
American Airlines (AAL) Q1 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
Get a deeper insight into the potential performance of American Airlines (AAL) for the quarter ended March 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Zacks•1d ago
Former House Speaker Nancy Pelosi Can't Stop Buying the 1 Artificial Intelligence (AI) Stock Billionaires Have Been Eager to Sell
Though this highflying stock is making Nancy Pelosi and her venture capitalist husband richer, more than a half-dozen billionaires have sent it to the chopping block.
Motley Fool•1d ago
Forget Nvidia: Billionaires Are Selling It and Buying These 2 High-Octane Artificial Intelligence (AI) Growth Stocks Instead
Billionaire investors are ditching the "infrastructure backbone" of the artificial intelligence (AI) revolution in favor of two industry-leading, irreplaceable AI stocks.
Motley Fool•5h ago

News

Life

Entertainment

Finance

Sports

New on Yahoo

Yahoo Finance

Kimberly-Clark Mexico unit repays $74 mln loan early

Recommended Stories

California McDonald's Franchise Owner Says, 'The Focus Is On Survival' With 'Unprecedented' $20 Per Hour Minimum Wage Forcing Higher Prices

Sam Bankman-Fried Agrees to Help FTX Investors Go After Celeb Promoters

I Was Incredibly Wrong About the Tesla Cybertruck

The Bond Market Is Sounding Its Most Severe Alarm in Decades, and It Could Mean Trouble for the Stock Market

Silicon Valley and Hollywood worlds collide as David Ellison bids for Paramount

Time to Pounce: 2 Phenomenal Ultra-High-Yield REITs That Haven't Been This Cheap in Years

Trump poised to clinch $1.3 billion social media company stock award

American Airlines (AAL) Q1 Earnings on the Horizon: Analysts' Insights on Key Performance Measures

Former House Speaker Nancy Pelosi Can't Stop Buying the 1 Artificial Intelligence (AI) Stock Billionaires Have Been Eager to Sell

Forget Nvidia: Billionaires Are Selling It and Buying These 2 High-Octane Artificial Intelligence (AI) Growth Stocks Instead