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Flooring manufacturer $MHK reported a jump in 1Q16 profit, helped by strong revenue growth across segments. The company reported earnings of $172MM, or $2.30 per share, compared with earnings of $22.3MM, or $0.30 per share a year ago. Revenue rose to $2.2Bil, up 15.5% from a year ago.
Seems like $AMD has hit the right wind. Its stock was up almost 9% to $9.45 on Tuesday following reports that it signed a licensing deal with Intel.
$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..?