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Oilfield services company $BHI reported a wider 2Q16 loss due to decline in revenue and higher costs and expenses. Net loss widened to $912MM or $2.08 per share from $190MM or $0.43 per share a year ago. Net loss per share in the quarter includes $1.18 per share of adjusting items. Adjusted loss per share for the quarter was $0.90.
$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.