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Chemicals, fibers and plastics maker $EMN said operating earnings in 1Q16 included a $2MM asset impairment gain for the sale of previously impaired assets at the Crystex R&D facility in France. Excluding this non-core item, operating earnings fell in 1Q16 compared to a year ago, mainly due to an unfavorable shift in FX rates of $6MM.
Mr. Trump may introduce policies that could help dollar reach record highs, which could even drive Bitcoin more than $2,000 in the near future. Bitcoin adoption is increasing, and if emerging economies like China and Russia also accept Bitcoin as an alternative to dollar, Bitcoin will see this rise soon.
Seems like $AMD has hit the right wind. Its stock was up almost 9% to $9.45 on Tuesday following reports that it signed a licensing deal with Intel.
$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.