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$NAVI's core earnings from the Federal Family Education Loan Program, or FFELP, loans segment fell to $70MM in 3Q15 from $79MM in the previous year quarter. This decrease was primarily the result of a $28MM decline in net interest income due to a fall in the net interest margin, partially offset by a decrease in operating expenses.
$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.