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Stephen Volkmann of Jefferies asks whether $ITW has got any additional restructuring plan for 3Q16 and 4Q16. CFO Michael Larsen answered that restructuring is expected to be $60-70MM for the year. Given the current levels of demand, the company does not expect any significant changes to this range in 3Q16 and 4Q16.
$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 !!