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$LEG, which competes with $GPC and $FLXS, said it expects 2016 EBIT margin of 12.7-13.0%, which is roughly in line with 2015 performance. Operating cash is expected to be approx. $450MM in 2016. The company expects CapEx to approximate $130MM for 2016. Target range for dividend payout is 50-60% of earnings.
$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 !!