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$BBT 2Q15 Call - Daryl, CFO: Net interest margin was 3.27%, down 6BP, & is within our guidance. The decline resulted from run-off of acquired assets, lower yields on new loans & securities, offset by funding mix improvement. Core margin was 3.16%, down 2BP. We expect GAAP margins to increase about 46BP in both third & fourth quarters.
Visa ($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.