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In 2015, $KHC incurred $829MM of costs with roughly two-thirds of those costs related to severance and employee benefits. The company spent about $225MM in CapEx related to the program. $1.9Bil of pretax cost consisted of approx. $1.1Bil of cash costs and roughly $800MM in non-cash expenses like assets by costs and accelerated depreciation.
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.
$TXMD flying high.. anyone here to catch..?