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Doral, Florida-based apparel company $PERY said that the company was able to increase organic sales in FY16 compared to last year by about 4%. The company also said Licensing is continuing to perform well and royalties for FY16 rose by 9% to $34.7MM. In 2015, $PERY signed 26 new agreements and its e-commerce traffic rose by 33%.
$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.