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$GIS 4Q15 Q&A – Don, CFO: Volumes probably up 4% when you back up the extra week and Annie's and so forth, two things, in our C&F business we did exit all align of low to no margin businesses and that has an impact in the quarter. And then in US Cereal we actually were lapping a build of retail inventory from year ago.
$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.