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$FITB said it declared a cash dividend on its 6.625% fixed-to-floating rate non-cumulative perpetual preferred stock, Series I or $FITBI, at the rate of $414.06 per preferred share, which equates to approx. $0.41406 for each depositary share. The Series I dividend is payable on June 30, 2016 to shareholders of record as of June 24, 2016.
$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.