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John Murphy of Bank of America asks about the payback period expected from the restructuring charges taken in 2Q16. $DLPH CFO Joe Massaro said that the restructuring charges mainly relate to the closure of Barcelona and Powertrain in Spain. The company added that it sees the payback on these types of plant moves anywhere from 3.5 to 4.5 years.
$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 !!