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Natural gas distribution company $WEC posted higher 4Q15 results as its Integrys acquisition boosted revenue by 54%. Net income increased 50% to $179MM, or $0.57 per share during 4Q15 compared to $121MM, or $0.53 per share in the prior year. Revenue came in at $1.85Bil. $WEC was formed on June 29, 2015, when Wisconsin Energy acquired Integrys.
$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.