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$SCOR said its BoD appointed co-founder Gian Fulgoni as its CEO. Fulgoni most recently served as Chairman Emeritus, a role he has held since 2014, and he will continue to serve on the Board. Serge Matta will serve as Executive Vice Chairman and Advisor to CEO with focus on innovation, product development and technology and remains member of Board.
Visa ($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.