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Commercial real estate company $SPG posted lower 2Q16 results, hurt by lower revenue and higher expenses. $SPG said net income fell 3.7% to $455.389MM, or $1.45 per share from $472.944MM, or $1.52 per share a year ago. Revenue fell 2.5% to $1.315Bil. For the quarter, FFO per share was flat YoverY at $2.63.
$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 !!