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Risk-Based Capital levels in $GNW's Bermuda subsdiary, BLAIC, were approx. 305%, down from the end of 2Q15, but this entity still maintains capital above Bermuda's minimum requirement. The first phase of the BLAIC long term care repatriation is underway and the company expects to completed the repatriation in either 2016 or 2017.
Visa ($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.