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$DD expects income from continuing operations in 2016 will benefit from $730MM reduction in costs as a result of the 2016 global cost savings and restructuring plan. These cost reductions will be weighted toward 2H16 reflecting implementation of specific actions during 1Q16 and 2Q16.
$SBUX launched its annual “Starbucks for Life” competition in the U.S. and Canada. The winner of the competition will receive a credit of one drink or food item per day for a duration of 30 years.
$T shares rose 1.8%, as a big boost for the S&P 500. The company said its new streaming television service DirectTV has so far exceeded expectations.
$TXMD flying high.. anyone here to catch..?
$CMG crashing. There seems to be nothing good to read about this company.