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$NVDA began wind-down of Icera modem operations in 2Q16. For the remainder of FY16, $NVDA expects to incur additional restructuring charges to operating expense of $15-25MM. These restructuring activities will impact about 5% of its global workforce and $NVDA expects them to be substantially completed by the end of FY16.
$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.