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$LMT said $5Bil transaction includes $1.8Bil one-time special cash payment to $LMT, which it plans to use to repay debt, pay dividends, and/or repurchase its stock. $LMT stockholders will receive about 50.5% of outstanding equity of $LDOS on fully diluted basis with estimated value of $3.2Bil. The deal will close in 3Q16 or 4Q16.
$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.