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$EL's cost of sales as a percentage of total net sales decreased to 19% in 3Q16 as compared with 19.5% in the prior-year period. This reflected a favorable impact of manufacturing variances of approx. 80BP and a decrease in shipments of promotional items and gifts of approx. 30BP. Opex, as a percentage of net sales, increased to 66.5% in 3Q16.
$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 !!