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For FY16, $NKE said sportswear grew 22% and reached $8.1Bil, adding about $1.5Bil in revenue in the category alone. In 1Q17, the company said it will continue to clear excess inventory through its factory stores and select third-party value channels.
$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 !!