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Financial services provider $SCHW's May 2016 net new assets brought by new & existing clients were $16Bil, while total client assets were a record $2.61 trillion at month-end, up 1% vs. May 2015 & up 1% vs. April 2016. $SCHW's client assets obtaining ongoing advisory services were record $1.31 trillion, up 3% vs. May 2015 & up 1% vs. April 2016.
$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.