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In 1Q17, $EL expects sales to grow 2-3% in constant currency. Restructuring and other charges are expected to be $80-100MM in FY17 with about $35-45MM in 1Q17. The company expects growth in many developed and emerging markets, particularly in Europe. Some macro issues are expected to impact the results, the company said.
$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.