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Specialty retail company $LB improved full-year 2015 operating margin by 90BP to 18% and grew operating income dollars by 12%. The company increased its annual dividend by 20% to $2.40 per share and declared a special dividend of $2 per share. $LB also authorized a new $500MM share repurchase program.
$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.