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Lifestyle retail major $URBN in its 1Q16 filing said it expects capital expenditures to rise 26% to $170MM in fiscal 2017. A portion of the investments will go in opening about 27 new stores, and $URBN expects the new store investments to generate positive cash flow within a year. $URBN said it may also enter into one or more acquisitions.
$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 !!