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For 2Q16, $PNC expects modest growth in loans and modest increases in net interest income. $PNC expects fee income to be up 10-12% reflecting the higher anticipated business levels in 2Q16. Expenses are expected to be up in the mid-single digits and provision is expected to be between $125-175MM.
$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 !!