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$AXP said its loans were down 17% on a reported basis. The company now expects the sale of the JetBlue loan portfolio to occur during 1Q16. Excluding the held for sale portfolios in the prior year, worldwide loans were up 7% and US loans were up 10% versus the prior 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.