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$LGF expects over $200MM in annual cash savings related to the proposed acquisition of Starz. With respect to the operating cost savings across the combined company, the company expects those to exceed $50MM on an annual run rate basis. The company expects the incremental tax savings on average to exceed $150MM per year through FY21.
$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.