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For FY16, $PLKI expects new restaurant openings to be 200-235, including approx. 85-100 internationally. Net new restaurants openings are expected to be between 140-185 for net unit growth rate of approx. 6-7% & CapEx to be between $10-15MM, including approx. $10MM of new company-operated restaurants & other capital improvements at current ones.
$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.