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Guy Moszkowski of Autonomous Research asks for an update on the Fixed income business. $MS said the plan was to build a fixed income business which was relevant to clients and supported the other businesses. The YTD performance is around $2.1-2.2Bil, which is in line with the revenue footprint. The company is seeing good progress overall.
$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 !!