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In 3Q15, $EW's gross profit margin was 76.2%, a 390 BPs improvement over the prior year, approx. 220 BPs was attributable to favorable foreign exchange and approx 110 BPs related to favorable product mix. Assuming foreign exchange rates remain at current levels, $EW expects its gross profit rate in the fourth quarter of 2015 to be approx. 75%.
$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.