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Joshua Shanker of Deutsche Bank asks about the relative valuation of Diamond Offshore. $L said when it bought back the shares of Diamond, it did not anticipate the decline in offshore drilling, the decline in oil prices and the cut in the capital budgets of oil companies. Now $L has a more clear picture of the position of this business.
$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 !!