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For 3Q16, $PLCE expects negative currency impact of about $0.03 to adjusted diluted EPS. Adjusted GM is expected to leverage 80-90 BPs. Adjusted SG&A is expected to rise $7-9MM and depreciation is expected to be about $16.5MM. Adjusted operating margin is expected to deleverage 70-90 BPs versus 3Q15.
$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.