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Home appliances maker $WHR reported 2Q16 net income attributable to company of $320MM or $4.15 per diluted share, up 80.8% versus $177MM or $2.21 per diluted share in 2Q15, helped by higher GM, lower expenses and an income tax benefit in current quarter versus income tax expense in previous year quarter.
$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.