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Denver, Colorado-based oil company $XEC reported 1Q16 net loss of $186.1MM, or $2.00 per share vs. net loss of $414MM, or $4.84 per share. Net loss was a result of non-cash charge related to the impairment of oil and gas properties. Revenue came in at $117.5MM, 40% drop compared to 1Q15. Excluding items, $XEC reported net loss of $0.40 per share.
$AGIO plunge 15%.. what's happening... is this going for a toss !
Does anyone feel $SBUX CEO Schultz stepping down could prove a disaster for the company?
$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.