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On May 18, $HRL announced the acquisition of Justin's LLC, a pioneer in the specialty nut-butter category. The deal is expected to close in 60 days. $HRL expects Justin's to grow at low double-digit rates from a starting point of approx. $100MM in FY17 net sales.
$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.