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$URBN said that capex for FY16 was at $135MM, approx. $10MM under the company's original plan. For FY17, capex is planned at approx. $160MM with approx. $10MM moving from FY16 to FY17. The company also said that regarding geographic distribution, $URBN plans to aggressively expand all channels and brands into underdeveloped markets globally.
$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.