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$KEY's taxable-equivalent net interest income was $598MM for 3Q15 and net interest margin was 2.87%. For 2015, without benefit of higher rates, $KEY expects low-single-digit growth in net interest income compared to last year. $KEY expects net interest margin to be relatively stable with 3Q15, reflecting continued elevated levels of liquidity.
Visa ($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.