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In 1Q16, $MHFI posted cash provided by operating activities of $133MM vs. ($1,349MM) for 1Q15. The increase is mainly due to the payment of legal and regulatory settlements in 2015. Cash provided by financing activities fell to $11MM vs. $220MM in 1Q15, hurt by an increase in cash used for share repurchases in 2016.
$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.