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$BNED's continuous focus on expense management resulted in lower selling and administrative expenses even with higher sales and new stores opened. During 1Q17, the company recorded restructuring costs of $1.8MM from the reduction in staff and closing of offices in Mountain View, California and Redmond, Washington.
$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.