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$XL's gross premiums written for 3Q15 jumped 66.1% from last year. When evaluated in local currency, $XL's gross premiums written increased by 72.1%. The unfavorable foreign exchange on its gross premiums written was mainly due to the weakening of the Euro against the U.S. dollar, impacting businesses written in these currencies.
Visa ($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.