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$GIS, owning brands like Gold Medal flour & Yoplait yogurt, said that the US cereal category has improved considerably since last year returning to growth in 4Q16. This was driven by stronger renovation and innovation aligned with present consumer interests. Full-year 2016 net sales for cereal business grew organically.
$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.