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$GT said its BoD has declared a quarterly dividend of 7 cents per share. The dividend is payable Sept. 1, 2016, to shareholders of record on Aug. 1, 2016. As a part of its previously announced $1.1Bil share repurchase program, the company repurchased 3.6MM shares of its common stock for $100MM during 2Q16.
$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.