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$BKS said that due to improved sales trends experienced over the last few years & the actions taken to increase traffic & conversion, the company closed only 8 stores last year. $BKS intends to unveil its first new store in East Chester, NY at Vernon Hills this Oct. In total, the company plans to test four new concepts stores in US during FY17.
$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.