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$SEE said it had $9MM in restructuring savings. The company's OpEx was $12MM and this is net of the $7MM environmental reimbursement, salary and wage inflation of $17 million, currency of negative $9MM and divestitures of $3MM. Adjusted tax rate was 29% and for full-year 2016, the company expects tax rate to be approx. 24%.
$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.