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KBW analyst Ryan Krueger asks if there are any other reinvestment assumptions netting to a lower amount than the $200MM of stranded overhead expense. $MET says that there will be investments and by the time it gets to 2019, it expects all of this to be falling through to the bottom line. The next set of investment will be a structural investment.
$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.