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At December 31, 2015, $PSX had total assets of $48.6Bil. The company ended 2015 with $3.1Bil of cash and cash equivalents and approx. $4.9Bil of total capacity under its available liquidity facilities. Debt balance at December 31, 2015 was $8.9Bil and debt-to-capital ratio was 27%.
$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.