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Marketing and advertising company $IPG reported a fall in 4Q15 earnings due to pre-tax losses on sales of businesses. Net income fell 14.6% to $282.9MM or $0.63 per share from $331.3MM or $0.73 per share in the same period a year ago. Total revenue fell marginally by 0.5% to $2.19Bil, with organic revenue increasing 5.2% in 4Q15.
$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.