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$KMB 2Q15 Call: In Consumer Tissue, organic sales were up 1%, including volume growth of 5% in North America. Consumer Tissue operating margin of 17.3%, were up 260BP. K-C Professional delivered organic sales growth of 5%. Within that, organic sales were up 8% in developing and emerging markets, & up 2% in North America.
$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.