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$PAY ended 2Q16 with a cash balance of $157MM, gross debt of $955MM and net debt of $798MM. Cash flow from operations was $51MM and Capex was $28MM in 2Q16. Free cash flow was $23MM in 2Q16. For FY16, $PAY expects free cash flow of approx. $110-120MM, including cash costs associated with restructuring initiatives.
$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 !!