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$VIA 3Q15 PR: Adjusted diluted earnings per share for the quarter increased 4% to $1.47 compared to $1.40 in 3Q14. At June 30, 2015, total debt outstanding was $13.08Bil, compared with $12.70Bil at Sept. 30, 2014. The Company’s cash balances were $421MM at June 30, 2015, a decrease from $1Bil at Sept. 30, 2014.
$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.