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In 1Q16, $BK posted total revenue of $895MM in its Investment Management segment, a decrease of 10% compared to 1Q15. Income before taxes, excluding provision for credit losses and amortization of intangible assets, totaled $235MM, down 18% YoverY. In Investment Services, income before taxes, excluding provision and amortization, was $939MM.
$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 !!