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Global apparel company $OXM posted 1Q16 net income of $20.18MM or $1.21 per diluted share vs. $17.26MM or $1.04 per diluted share in 1Q15. Adjusted EPS from continuing operations was $1.26 for the quarter. Consolidated net sales fell 1.6% to $256.2MM vs. $260.4MM in 1Q15, hurt by lower net sales from Tommy Bahama and Lanier Apparel.
$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.