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For 2016, $RIG expects revenue efficiency to be 95%. Other revenue is expected to be $265-275MM. Operating and maintenance expense is expected to be approx. $2Bil. Net interest expense is expected to be $360-370MM. Annual effective tax rate is expected to be 25-27%. Capex in 2H16 is expected to be approx. $600MM.
$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 !!