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LED lighting and lighting controls provider $AYI said its adjusted operating profit for 3Q16 was a quarterly record of $146.1MM compared with an adjusted operating profit of $108.1MM in 3Q15, an increase of 35%. Adjusted operating profit margin was 17.2%, up 140 BPs from the adjusted margin in the year-ago period.
$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.