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$TRV's net written premiums for 1Q16 rose by 5% from the previous year quarter. The increase was due to higher levels of retention and new business volumes and positive renewal premium changes in each business segment. Net investment income dropped by 48% on lower reinvestment rates, and lower hedge fund returns.
Visa ($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.