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$GME, which competes with $AMZN, $WMT and $BBY, said that digital receipts increased 16.6% due to the growth of DLC and bundled sales. GAAP digital revenues fell 7% mainly due to a shift in the types of digital products sold and the margin rates of those individual products. 1Q16 digital GM rose 4.5% over 1Q15, with margin rate of 86.4%.
$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.