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$ABT is planning to sell its vision care business, Abbott Medical Optics, to $JNJ for $4.325Bil in cash. The deal is expected to close in 1Q17, subject to approvals. The net impact of the deal is not expected to impact $ABT's overall targeted ongoing EPS in 2017. This targeted EPS excludes the expected gain and any costs related to the transaction.
$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.