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$CINF said that it expects 2016 combined ratios in the low to mid 90% range, and 2016 property casualty premium growth rate within 1 percentage point of 2015. Catastrophe loss ratio for 2015 was 2.3 points below the average of the previous 10 years, said the company.
Visa ($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.