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In 1Q16, revenue at $VFC's Nautica brand was down 14%. Kipling's North America business was down 8% due to slower tourist traffic in D-to-C, including outlets. Kipling's global business was up 8% driven by strength in both wholesale and D-to-C in Europe and Asia-Pacific.
$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.