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$HPT said the underwriters of its recent public offering of common shares have exercised in full their option to buy an additional 1.65MM common shares of beneficial interest, raising additional net proceeds of about $48.6MM. The settlement for such shares is expected to occur on Aug. 26, 2016.
$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.