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$JNJ 2Q15 Q&A Update – Dominic, CFO: We expect that Cordis divestiture will close in latter part of year, we still have some regulatory approvals & customary closing conditions, so, we expect that towards end of the year. The delusion of not having Cordis is part of the business, is not that significant quite franky, not as much as it was for OCD.
$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.