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$ITRI's gross margin for 2Q16 rose to 33.1% from 25.2% last year, with increases in all segments. The improvement was driven by lower warranty expense, favorable product mix and operational efficiencies. In 2Q15, $ITRI recorded warranty expense of $23.6MM in Water segment, which negatively impacted margin by about 500 points.
$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.