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Citi Research analyst Wendy Nicholson follows up with a question on category growth rate for 2Q16 in China, $PG's second largest market? CFO Jon Moeller said that growth rate ranged from mid- to high-single digit across all categories. He also added there are "significant opportunities" remaining in China for attractive growth rates.
$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.