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Data center company $EQIX reported a decrease in 2Q16 earnings hurt by higher expenses. Net income was $44.7MM or $0.64 per share in 2Q16 compared to $59.4MM or $1.03 per share in 2Q15. Revenues increased 35% to $900.5MM from last year. AFFO was $290.5MM, up 31% over 2Q15.
$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.