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$GOOG $GOOGL said the company ended 1Q16 with cash and marketable securities of $75.3Bil, of which approx. $45Bil or 60% is held overseas. On Google segment, sites revenue was up 20% YoverY, driven by mobile search. The company said that on the content side, there is great traction on Google Play and YouTube.
$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.