Want to join the conversation?
$TGT said its gross margin rate rose 29.5% in 2015 from 29.4% in 2014, primarily due to positive sales mix and lower promotional activity. SG&A expense rate was 19.6% in 2015, down from 20.0% in 2014. The decrease in 2015 primarily resulted from cost saving initiatives and reduced marketing expenses, $TGT said.
$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.