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Homebuilding company $PHM in 1Q16 option revenues per closing increased 6% or slightly more than $3,000 over the prior year, while lot premiums increased by 4% or just under $600 per home. Sales discounts in the quarter grew 40 BPs over last year to 2.6% per home, which is consistent with results seen over the past several quarters.
$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.