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In 2015, $ADM's income taxes fell to $438MM due to lower earnings before income taxes and a lower effective tax rate. $ADM's effective tax rate for 2015 fell to 19% versus 2014 due primarily to low tax rates on one-time gains related to portfolio actions, a $70MM favorable impact of discrete items and changes in geographic mix of pretax earnings.
$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.