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Erin Wilson of Credit Suisse asks about restructuring and cost savings initiatives. $ZTS said it is ahead of its plans. The initial target was $300MM. The company is ahead in implementation and will generate higher savings in 2016 than expected. The SKU rationalization plans are also in line with expectations.
$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.