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$SM said it agreed for the sale of two separate packages of non-core assets. One package is composed primarily of waterflood assets in New Mexico and the second package includes producing assets in North Dakota and Montana. RBC Richardson Barr and UBS Securities advised $SM in divestiture processes for New Mexico and Williston Basin.
$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.