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Confectionery, food and beverage conglomerate $MDLZ posted a 4Q15 loss, hurt by charges and currency impact. $MDLZ reported a 4Q15 loss of $729MM, or $0.46 loss per share compared to earnings of $507MM, or $0.29 per share in 4Q14. Revenue fell 17% to $7.36Bil. Excluding items, $MDLZ earned $0.46 per share.
$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.