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$SFM said it now expects 3Q16 to be about flat. For FY16, $SFM now sees comparable store sales growth of 1.5-2.5% and EPS of $0.83-0.86, given the current environment. This update reflects the impact of significant ongoing deflation, the stepped-up promotional environment and $SFM's cautious outlook for the remainder of the year.
$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.