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Energy company $TE reported a rise in its 1Q16 earnings, helped by $5.8MM tax benefit. $TE said its net income during the quarter increased to $73.8MM, or $0.31 per share compared to $58MM, or $0.25 per share during 1Q15. Revenue dropped 5% to $656.3MM. Excluding items, $TE earned $0.31 per share during 1Q15.
Unicorn Frappuccino. The latest hit from $SBUX. Can't wait to see how this will affect its results.
At what point should $AMZN consider a stock split? $1000 per share seems pretty high.