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The commercial property and casualty insurance company $L reported a rise in 3Q15 earnings from continuing operations primarily on higher earnings at its units $DO and $BWP. Income from continuing operations rose to $182MM or $0.50 per share from $179MM or $0.47 per share last year. Revenue dropped to $3.17Bil from $3.52Bil.
$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.