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For 2016, $JW.A $JW.B said that its adjusted shared services and administrative costs rose 6% driven by a 13% increase in technology investment mainly in the multi-year ERP deployment and IT infrastructure. ERP and related systems OpEx was approx. $22MM this year vs. $9MM in 2015, representing an EPS impact of $0.16.
$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 !!