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Tools and hardware maker $SWK reported 2Q16 organic growth of 4% and total growth of 2%. Organic growth in the Tools & Storage segment was 8% and in the Security segment was 1%. Industrial was down 6%, mainly due to a single customer volume pressure in the Engineered Fastening business and the lower infrastructure volume.
$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.