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$LNN said 2Q16 OpEx rose to $37.1MM, including $13MM for future environmental charge accrued after company completed environmental testing at its Lindsay, NE facility. $LNN repurchased 332,949 shares for $23MM in 2Q16. $79.8MM remains available under the repurchase program. Unshipped orders backlog at Feb. 29 was $52.6MM versus $74.3MM at Feb. 28.
$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.