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$JNS said it filed a registration statement with SEC for a global equity income exchange traded fund (ETF) with a focus on dividend paying companies with robust balance sheets and underlying businesses. This seeks to provide clients an important income producing alternative in an environment of negative interest rates and yields.
$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.