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$BBT 2Q15 Call– Kelly, Chairman: We had very strong strategic developments during the quarter. We did complete the sale of American Coastal, and significantly increased our ownership in AmRisc. This helps in eliminating some underwriting risk that we had in American Coastal. We successfully closed and converted The Bank of Kentucky on June 19, 2015
Visa ($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.