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Automobile company $GM reported solid results for 2Q16 driven by strong retail sales in the US and record sales in China. Net income was $2.9Bil or $1.81 per share in 2Q16 compared to $1.1Bil or $0.67 per share in 2Q15. Net income grew 157% in 2Q16. Adjusted EPS was $1.86. Net revenue grew to $42.4Bil from last year.
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..?