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$PVH said interest for 2016 is planned to be between $100-125MM compared to the prior year amount of $133MM. The company expects to generate approx. $500MM of free cash flow in 2016, which will be used with existing cash on hand to fund the acquisition of the remaining 55% stake in its Tommy Hilfiger joint venture. Tax rate is planned at about 20%.
$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 !!