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In 3Q16, $CSCO's revenue fell 1% versus 3Q15, with product revenue falling 5% while service revenue fell 11%. Americas revenue decreased in the quarter, mainly due to lower product revenue in the US EMEA revenue decreased due to product revenue declines in Russia and the UK. APJC segment revenue increased led by product revenue growth in China.
$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.