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In 1Q16, $EBAY generated free cash flow of $483MM, up 19%. Capex was 7% of revenue and full-year Capex guidance remains 7-9%. At the end of 1Q16, cash, cash equivalents and non-equity investments was $10.3Bil. In 1Q16, $EBAY repurchased 42.3MM shares at avg. price of $23.57 per share amounting to $1Bil in repurchases.
$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 !!