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$GBX said it has closed on the previously announced acquisition of a 19.5% ownership stake in Amsted-Maxion Cruzeiro for $10MM. Amsted-Maxion Cruzeiro will use $GBX's strategic investment to pay down outstanding debt and position the company for future growth.
$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.