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During 2015, $STI's efficiency ratio improved to 63.1% from 66.7% in 2014. Tangible efficiency ratio also improved to 62.6%, which was better than its 2015 target, and also better than its 2014 tangible efficiency and adjusted tangible efficiency ratios of 66.4% and 63.3%, despite significant headwinds from declining net interest margin.
$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.