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For 2016, $LII expects one point of negative FX impact for revenue growth guidance of 3-7% at actual currency. $LII targets $35MM of savings from sourcing and engineering-led cost reduction programs. $LII expects $25MM of savings from lower commodity costs. FX is expected to be a $20MM headwind and $LII expects a $15MM benefit from price.
$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.