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Apparel retailer $ASNA said its integration of ANN is progressing well and is confident of its $235MM target for deal synergies and cost savings by the end of FY18. By brand, Loft had a plus 2% comp, driven by strong product acceptance in the full price business. Ann Taylor comps were down 5%, with declines in full price and factory businesses.
$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.