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$KEY 2Q15 Call – Beth, CEO: On the fee side, investment banking and debt placement had a record quarter of $141MM, up 42% from 2Q14. Trust and investment services are up 18%. Average loans continued to grow, driven by commercial, financial and agricultural loans, which were up 10% from 2Q14.
Visa ($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.