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$CB's gross premiums written for 2Q16 increased to $9.27Bil from $6.5Bil in the previous year quarter. Net premiums written rose to $7.64Bil from $4.78Bil last year and net premiums earned grew to $7.41Bil from $4.36Bil in the prior year quarter.
Visa ($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.