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Educational services provider $DV said its BoD approved its ninth share repurchase program allowing the repurchase of up to $100MM of common stock through Dec. 31, 2017. $DV expects the number of shares repurchased in 2Q16 to increase about 14-16% versus 1Q16. The repurchases will be funded through available cash balances and/or borrowings.
$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.