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Media company $SNI reported a 4.7% decline in 2Q16 earnings due to large gain on derivatives related to TVN acquisition recognized in last year, additional interest expenses and loss on investment realized in 2Q16. Net income slid to $184.61MM or $1.42 per share from $193.72MM or $1.49 per share last year. Adjusted EPS grew to $1.58 from $1.47.
$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 !!