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Michael Nathanson of MoffettNathanson asks about profit growth decline. $DIS CFO Christine McCarthy said the earned revenue growth was strong in 2Q16 at 18% vs. a 23% growth in 1Q16. Star Wars didn't have quite the massive contribution it had in 1Q16. Also in 1Q16, there was a timing issue of guarantee shortfall payment which was a drag in 2Q16.
$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 !!