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In 1Q16, $TMK said excess investment income was $55MM, flat compared to 1Q15. On a per share basis, reflecting the impact of the share repurchase program, excess investment income increased 2%. Part D segment had a negative impact on excess investment income of approx. $2.8MM. For 2016, $TMK expects excess investment income to grow 1-2%.
Visa ($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.