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During 2Q16, $GILD's non-GAAP product GM was 92%. This benefited from a reversal of $200MM litigation charge of a drug-patent dispute with $MRK on obtaining patents for hepatitis C drugs. The company generated cash flow from operation of $4.9Bil and ended the quarter with $24.6Bil in cash and investments.
$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.