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Home improvement store $LOW's net sales for 1Q16 increased 7.8% to $15.2Bil. Comparable sales for 1Q16 increased 7.3% with comparable sales of 8.3% in February, 9.1% in March, and 4.9% in April. Net earnings grew 31.4% to $884MM and diluted EPS increased 40% to $0.98 per share.
$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.