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$QCOM said Qualcomm Technology Licensing had a stronger-than-expected 2Q16 with total reported device sales of approx. $70Bil, reflecting the seasonally strong holiday quarter. The company added that it recently resolved its dispute with LG. As a result of the resolution, $QCOM will resume recognizing quarterly LG revenues in 3Q16.
$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.