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$CBS CEO Leslie Moonves stated that advertising grew 31% overall and 49% at the CBS Television Network. The company's high-margin, non-advertising revenue streams are rising, led by retransmission consent fees and reverse compensation, which are expected to surpass $1Bil this year.
$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.