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$NKE, world's largest sporting goods maker, reported lower 4Q16 results, hurt by revenue growth, which was more than offset by lower GM, higher SG&A expense and a higher tax rate. $NKE said net income fell 2.1% to $846MM, or $0.49 per share from $865MM or $0.49 per share a year ago. Revenue rose 5.97% to $8.24Bil, helped by strong global demand.
$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 !!