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For 1Q16, $MAT expects sales to be down slightly in constant currency and more so as reported due to foreign exchange headwinds. $MAT estimates currency will impact net revenues by approx. 2-4% and adjusted EPS by $0.30-0.40 in 2016. The company expects about 50% GM. $MAT expects to deliver cost savings at the high end of $250-300MM by 2016-end.
$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 !!