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New York-based $MCO said OpEx for 2Q16 was $519MM, up 4% from last year. Operating income was $410MM, a 2% decline from the prior year period. Foreign currency translations favorably impacted operating income by 1%. Adjusted operating income defined as operating income before D&A was $441MM, down 1% from the same period last year.
$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 !!