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2Q15 effective tax rate was 14.9%, down from 20.3% in the same quarter last year, mainly due to the mix of $DO's domestic and international pre-tax earnings and losses. 1H15 effective tax rate was 8.8% compared to 16% during the six months ended June 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.