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Internet infrastructure services provider $VRSN reported a rise in 2Q16 earnings driven by higher revenues and lower costs and expenses. Net income rose to $113.21MM or $0.87 per share from $93.01MM or $0.70 per share last year. Revenues grew to $286.47MM from $262.54MM. Non-GAAP EPS increased to $0.91 from $0.74.
Seems like $AMD has hit the right wind. Its stock was up almost 9% to $9.45 on Tuesday following reports that it signed a licensing deal with Intel.
$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..?