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$TLRD said it expects to open 300 rental shops in top Macy's stores under The Tuxedo Shop @ Macy's brand. The company plans to open 172 shops in 2016 and the balance in 2017. $TLRD intends to close approx. 100 mall-based Men's Wearhouse tuxedo stores this fall and expects to transfer the majority of that revenue to nearby locations.
$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.