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$XL's XL Catlin said it promoted Simona Fumagalli to Country Manager Italy and Jose Ramon Morales to Country Manager Iberia. All appointments are effective immediately. In his dual role as Country Manager France Bruno Laval succeeds Kadidja Sinz, who is leaving XL Catlin by mutual agreement.
Visa ($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.