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Offshore drilling company $ESV said it is facing challenging market conditions. The recent incremental leg-down in commodity prices and uncertainty regarding the timing and degree of rebalancing in the oil markets has caused customers to further reduce Capex, resulting in a possible extension of the downcycle for the offshore drilling sector.
$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.