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$BBBY said net interest expense in 2Q16 was about $18.2MM versus $25.1MM last year. Approx. $5MM of the decrease resulted from a favorable change in the value of the company's non-qualified deferred compensation plan investments. The favorable change was offset by an unfavorable change in SG&A and hence a $5MM reduction did not impact net earnings.
$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.