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$KMX said interest expense in 2Q17 is up YoverY to $14MM compared to $7MM in 2Q16. This was due to higher average debt levels as well as the store lease extensions. During the quarter, the company took down the remaining $200MM of the private debt deal it closed in 1Q17, and repurchased 2.4MM shares for $126MM.
$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.