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David Mann of Johnson Rice asks about GM being up in 2Q16 & why it is expected. $BIG CFO Tim Johnson said that the higher sell through in seasonal in 1Q16 responds to an opportunity potentially in mark down levels in 2Q16. And secondly, $BIG is experiencing better IMU YoverY and experiencing better inbound freight rates YoverY.
$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.