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$ORLY expects full-year 2016 avg. SG&A per store to increase approx. 2% from 2015. The company is reiterating its GM guidance of 52.3-52.7% of sales for the full year. For full-year 2016, the company expects its tax rate to be 36.8% of pretax income. $ORLY expects 3Q16 tax rate to be approx. 35.8% of pretax income.
$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.