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$TAP 1Q15 10-Q: Gross profit at March 31, 2015, was $245.2MM compared to $292.8MM at March 31, 2014. Operating income as of March 31, 2015 and Dec. 31, 2014 were $125.3MM and $154.4MM, respectively. During 1Q15, equity income in MillerCoors was $129.3MM, increase of 5.3% compared with $122.8MM at 1Q14.
$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.