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$MNST 2Q15 PR: Net sales were $693.7MM as compared to $687.2MM in the same period last year. Unfavorable FX rates affected net sales by approx. $23.9MM. Net income was $229MM compared to $141MM in the second quarter last year. Operating income was $366.1MM vs. $216MM in the second quarter last year.
$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.