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Technical professional services firm $JEC said that 1Q16 revenue was $2.85Bil and backlog at 1Q16-end was down 3% vs. 4Q15 at $18.2Bil. The company-wide restructuring initiative announced earlier, helped reduce 1Q16 G&A cost by 13% vs. 1Q15. Adjusted EPS was $0.78, including an approx. $0.09 per share discrete tax benefit in line with expectation.
$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.