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Automotive giant $GM reported a jump in 4Q15 earnings driven by $3.9Bil non-cash benefit related to valuation allowances on certain Europe deferred tax assets. Net income rose to $6.3Bil or $3.92 per share from $1.1Bil or $0.66 per share last year. Revenue remained flat with last year of $39.6Bil. Adjusted EPS increased 17% to $1.39.
$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 !!