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Footwear, hats, clothing and accessories seller $GCO reported a rise in 2Q17 earnings driven by gain on network intrusion expenses and gain on sale of Lids Team Sports. Net income rose to $14.58MM or $0.72 per share from $7.52MM or $0.32 per share last year. Net sales fell to $625.56MM from $655.53MM. Adjusted EPS slid to $0.34 from $0.36.
$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.