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As of December 31, 2015, $PRU had cash and short-term investments of $11,104MM, an increase of $40MM from December 31, 2014. Excluding net borrowings from the intercompany liquidity account, $PRU had cash and short-term investments of $5,062MM as of December 31, 2015, an increase of $746MM from December 31, 2014.
Visa ($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.