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Insurance and reinsurance company $XL said that its preliminary 2Q16 net loss estimate was approx. $240MM relating to natural catastrophes. This estimate is pretax and net of reinsurance and reinstatement premiums and is split approx. $100MM in the Insurance segment and $140MM in the Reinsurance segment.
$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 !!