Want to join the conversation?
$INT also said that an additional three locations in France are expected to be added subject to certain required reviews associated with such transaction. The total purchase price is expected to be fully funded with cash-on-hand. The transaction will close in phases, with the majority of locations expected to close during 2H16.
$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.