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$CORE said it funded the purchase of Pine State Convenience with a combination of cash on hand and borrowings under its credit facility. The company expects to spend about $1.6MM in start-up and due diligence costs in 2016 and expects to incur another $1.5MM in system conversion costs during 2017 in connection with 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.