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Medical device manufacturer $BCR swung to a 2Q16 earnings from a loss last year, driven by lower income tax provision and higher revenues. Net income was $159.2MM or $2.11 per share compared to a loss of $54.7MM or $0.74 per share last year. Net sales grew to $931.5MM from $859.8MM. Adjusted EPS increased to $2.54 from $2.27.
$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.