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Denver, Colorado-based packaged food and beverage company $WWAV said that on a constant currency basis, operating income rose 24%. The company also said that sales in its Americas food and beverages segment rose 15% in 1Q16, driven by strong organic growth across its plant based premium dairy and coffee creamers platforms along with acquisitions.
$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.