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$MRO 2Q15 PR: North America E&P reported a loss of $45MM compared to an income of $302MM in 2Q14. International E&P segment income was $41MM compared to $160MM in 2Q14. Oils Sands Mining reported a loss of $77MM compared to an income of $55MM in 2Q14.
$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.