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For 2016, $CMI expects Engine segment revenues to decline by 9-12%. The company is updating revenue guidance for Distribution to be between down 1% and up 1%. In Components, full-year revenue is expected to decline by 6-9%. Full year revenues for Power Systems is expected to decline 12-14%.
Seems like $AMD has hit the right wind. Its stock was up almost 9% to $9.45 on Tuesday following reports that it signed a licensing deal with Intel.
$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..?