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$XL's net premiums written for 3Q15 climbed 74.1% from last year. The increase largely resulted from the rise in gross written premiums due to Catlin Acquisition, plus additional rise mainly due to fall in ceded premiums resulting from favorable pricing and non-renewal of certain reinsurance programs, particularly in Casualty.
Visa ($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.