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$ANIK said that it will enter into an accelerated share repurchase (ASR) program to repurchase $25MM of its outstanding common stock. The company plans to utilize existing cash on hand to fund the ASR program. $ANIK expects the ASR program to commence in late Feb. 2016 and to be completed in 3Q16.
$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.