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$DGX said its bad debt expense as a percentage of revenue was 3.5% in 4Q15, which was 30 BPs better than 4Q14 and 40 BPs better than 3Q15. This was mainly due to a one-time bad debt benefit in 4Q15. DSOs were 47 days, one day lower than 4Q14 and three days higher than 3Q15.
$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.