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New York City-based $TIF said it is projecting inventories in 2016 to be roughly unchanged. Net inventories of $2.2Bil at Jan. 31, 2016 were 6% lower than the prior year-end. Raw materials and work in process inventories declined 4% and finished goods inventories fell 7%, reflecting more efficient inventory management.
$DB is going to cut off services for about 3,400 clients in equities trading.
$F stock slid more than 2% after the company issued two safety recalls involving more than 650,000 Ford Fusion and Lincoln MKZ model cars.
The new CEO of $SBUX, Kevin Johnson, has some pretty large shoes to fill but there are many who have good faith in his ability to do so.
$TSLA opening a showroom in Michigan. A bold move !!