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On Sept. 24, 2015, $CAT announced significant restructuring and cost reduction actions to lower its operating costs in response to current economic and business conditions. The company expects to incur about $400MM and approx. $800MM in 4Q15 and full year 2015, respectively, related to this program.
$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.