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$DVN sees to incur about $225-275MM of restructuring costs as result of workforce reduction. $DVN expects to recognize the majority of these restructuring costs in 1Q16 and will recognize the remaining costs throughout 2016 until its planned divestiture transactions have closed and further workforce reductions occur.
$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.