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Power and energy company $D and $STR have agreed to combine together in an all-cash transaction where $D has agreed to pay $STR shareholders $25 per share, about $4.4Bil and assume $STR's outstanding debt. The transaction will add to $D's earnings upon closing, which is expected by year-end 2016 with limited impact on its balance sheet.
$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.