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$CBS, the owner of the Showtime cable network and the CBS broadcast-television network, said that 2016 will be a strong year in terms of retransmission consent and reverse compensation. CEO Leslie Moonves said that pricing has increased in a faster rate, helping the company to pass the $1Bil in revenue this year and exceed $2Bil by 2020.
$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.