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In 1Q16, $LII's net cash used in operations was $113MM. Capex was $24MM, up from $18MM in 1Q15. Free cash flow was a negative $137MM. $LII continues to target $250MM of free cash flow for 2016 overall. Total debt was $1.1Bil at the end of March. $LII paid $16MM of dividends in 1Q16 and at March-end, cash and cash equivalents were $41MM.
$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 !!