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During 3Q15, $KSS' gross margin decreased slightly, down 10 BPs and is flat YTD. Merchandise margin increased for the quarter, but was offset by an increase in shipping cost as $KSS continue to grow its online business. Depreciation expense was $236MM for the quarter, $9MM higher than last year, primarily due to higher IT amortization.
$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 !!