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$AXP, well known for its credit card, charge card, and traveler's check businesses, said that it continues to have a strong focus on controlling operating expenses, and remain focused on reducing cost base by $1Bil on a run rate basis by the end of 2017. In addition, the company said that it did incur $84MM in restructuring charge in 1Q16.
$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 !!