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$KNDI 2Q15 Call: In 2Q15, signed an agreement with Alibaba (China) Co. Remain confident to realize the 2015 EV sales target for the JV company. Cost of goods sold was $41.5MM in 2Q15, up 61.1% YoverY. Gross profit was $60.4MM, down 10.1% YoverY. Overall margin decreased to 13.5% from 21.9% in 2Q14.
$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.