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$NSC expects coal revenues for remainder of the year to be lower from last year on fall in volumes and in average revenue per unit. General merchandise revenues are expected to fall from last year on lower average revenue per unit and slightly lower volumes. Intermodal revenues are expected to be lower compared to last year.
$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.