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$SBUX's effective tax rate for 1Q16 rose to 34.5% from 24.2% in the previous year quarter. The increase was primarily due to lapping 11.2% impact of gain associated with remeasurement of its preexisting 39.5% ownership interest in Starbucks Japan upon acquisition in 1Q15, which was almost entirely non-taxable.
Any idea why some investors are happy about the disastrous $UA results??
Wow! GM killed it with earnings today! Did not expect this after $F gave the feeling it will eclipse the Chevy maker completely!
Oil rebound starting to show up in energy stocks. $XOM $CVX
I have a feeling "CLOUDy" days are ahead, with $AMZN leading the pack.
$AAL is giving pay hikes to its employees but investors are sulking.