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$GS's compensation and benefits to net revenues ratio was 40% in YTD 2015, which is 200 BPs lower than 1H15 and consistent with YTD 2014. Non-compensation expenses were 30% lower than 2Q15. Net provisions for litigation and regulatory expenses in 3Q15 were $416MM.
Visa ($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.