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Paper and packaging solutions company $WRK reported a loss of $453.5MM or $1.76 per diluted share, hurt by high cost of goods sold and a Specialty Chemicals goodwill impairment charge of $478.3MM. Net sales for the quarter rose to $3.68Bil, helped by sales growth in Corrugated Packaging and Consumer Packaging segments.
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..?