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$LM's 3Q16 results were impacted by a non-cash impairment charge of $371MM related to Permal, a cumulative tax benefit of $56MM and $9.4MM of real-estate write-offs. $LM had a credit of $26.4MM from fair value reduction of liabilities, a $6.6MM gain on Australian dollar hedge and tax benefits. These items along with others reduced EPS by $1.90.
$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 !!