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Kristine Kubacki of Avondale Partners asks about SG&A guidance. $GBX said it would expect SG&A to come back down from the 3Q16 level. There are a couple of accruals, one of which is the timing of when the BoD grants long-term incentive compensation. $GBX has adjusted the range slightly downward and is aiming for the upper end of the range.
$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.