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$CMI 2Q15 Call: Revenues were $5Bil, an increase 4% vs. 2Q14. EBIT was $721MMM or 14.4% of sales vs. $657MM or 13.6% in 2Q14, representing an incremental EBIT margin of 36%. Key to these strong results was an improvement in GM of 170 BP YoverY.
$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.