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$AVGO's 1Q16 Wired segment revenue grew by 2% sequentially and it represents 52% of total company revenue. The growth was helped by strong strength in the fiber optic business, partially offset by a decline in ASIC products. Revenue from Wireless segment fell by 15% sequentially and represented 32% of total revenue.
$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.