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$RGA said it named its EVP & Chief Risk Officer Todd Larson as its EVP & CFO, effective May 1, 2016. He will succeed Jack Lay, who will be 62 upon retirement at year-end. Through the end of the year, Lay will retain oversight responsibility for the company's investment function and will support the transition of the CFO responsibilities to Larson.
Visa ($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.