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$HIG 2Q15 Call: For the first half of 2015, net positive flows totaled $779MM, the strongest net performance since 2010. Talcott posted very strong core earnings of $171MM this quarter, well above our expectations because of a $48MM federal tax benefit & higher investment income, largely from very good returns at limited partnership.
Visa ($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.