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$HP 3Q15 PR: FY15 Outlook: HP continues to expect a total of approx. $1.3Bil in capital expenditures. Depreciation expense is now expected to be approx. $580MM, and general and administrative expenses are now expected to be approx. $130MM for fiscal 2015. Furthermore, the Company expects an effective income tax rate of approx. 34% for 4Q15.
$KMB down close to 4% after it misses on earnings and revenue. Forecasts are lower for the year.
It is official, with $T buying $TWX, it looks like distributors want to own the content production too. Expect some good competition between Netflix ($NFLX), AT&T, Comcast ($CMCSA) and others. However, will this be good for the consumers will not be decided soon.
$NFLX a monster move, going up. Expect making some money on Monday.