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$SRCL 2Q15 Call: Gross profit was $305.3MM or 42.7% of revenues. SG&A expense including amortization was $135.7MM or 19% of revenues. Net interest expense was $16.4MM. Net income attributable to Stericycle was $60.5MM or $0.70 per share on an as reported basis and a $1.14 adjusted for acquisition-related expenses and other adjusted items.
$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.