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$DIS realized pension and postretirement medical benefit plan expenses of $457MM in FY15 versus $309MM in FY14. The increase in FY15 was driven by a decrease in the assumed discount rate used to measure the present value of plan obligations. For FY16, $DIS expects pension and postretirement medical costs to decrease by $137MM to approx. $320MM.
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.