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In 4Q15, $BK said its noninterest expense, excluding litigation and restructuring charges and amortization of intangible assets, fell 24% to $2.7Bil. $BK repurchased 10.1MM shares for $431MM in 4Q15 and 55.6MM shares for $2.4Bil in FY15. Adjusted return on tangible common equity was 19% in 4Q15.
$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.