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Energy company $SO said that its subsidiary Mississippi Power has started producing syngas using lignite at the Kemper County energy facility. The TRIG coal gasification technology exercised at the plant was jointly developed by $SO, KBR and the US Department of Energy over the past two decades at the Power Systems Development Facility.
$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.