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Power management company $ETN reported a drop in 1Q16 earnings due to 6% decline in organic sales and additional 2% from negative currency translation. Net income fell to $404MM or $0.88 per share from $466MM or $0.99 per share last year. Net sales dropped to $4.81Bil from $5.22Bil. Operating EPS decreased to $0.88 from $1.01.
$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 !!