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At the end of 3Q15, $LUV's cash and short-term investments were $3.1Bil. Free cash flow was $1.6Bil with $583MM generated in 3Q15. Under the existing $1.5Bil share repurchase program, $LUV repurchased $500MM in common stock during 3Q15 pursuant to an accelerated share repurchase program launched during the quarter, and received about 9.7MM shares.
$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.