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For 2016, $PBI expects revenue, constant currency, to decline 1-3% when compared to 2015. Adjusted EPS is expected to be $1.75-1.82, excluding the YTD EPS charge of $0.13 related to restructuring and asset impairments. Free cash flow is expected to be $400-450MM. Annual tax rate is expected to be 33-35%.
$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.