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Stifel analyst Nathan Jones questions $XYL on the organic growth outlook for the rest of 2016 & its visibility to the growth of 3-6% in 4Q16. CFO Mark Rajkowski says part of this is just a function of the timing & the company has seen the delay from 1H16 into 2H16. $XYL therefore, expects to push out a little bit with probably more of that in 4Q16.
$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.