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$BEN reported total assets under management (AUM) of $763.9Bil at Dec. 31, 2015, which fell 1% QoverQ, primarily due to $20.6Bil of net new outflows, partially offset by $15Bil of market appreciation and other, which is net of $1.6Bil fall from FX revaluation. $BEN's assets under management fell 13% YoverY.
Visa ($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.