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$MTX said 1Q16 operating income, excluding special items, was $60.1MM compared to $63.3MM in 1Q15. Despite the current challenges with energy, steel and ForEx, operating margins improved 5% to 14.7% of sales. Total manufacturing productivity improved by close to 6% and generated $1MM in lower costs.
$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.