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$CPB said that it opted to change its accounting methods In FY16 for its benefit pension & postretirement plans providing greater transparency in its financial results with no impact on cash flow. Under this method, actual gains & losses will be recognized immediately in the Consolidated Statements of Earnings.
$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.