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$LDOS said it has entered into a definitive agreement with $LMT, pursuant to which $LDOS will combine with $LMT's realigned Information Systems & Global Solutions business in a Reverse Morris Trust transaction worth $5Bil. The transaction will create a Leading Government-Services Company with increased scale & opportunities for long-term growth.
$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.