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During 2Q16, $JOY's decremental margin on the YoverY sales decline was 34%, bringing the YTD decremental margin to 38%. With the company having its targeted cost reduction in the back half of the year, $JOY is on track to meet or be the targeted 34% decremental margin for the year. Income tax rate, excluding call-outs & discrete benefits was 51%.
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 !!
$SGY is expected to achieve $6.17 price target in next year, with a minimum target of $3.00, due to the price increase of 27.85% to $6.29 during the last trading session.
$SWHC showing consistent increase in sales for the past three quarters suggesting the US craze for firearms is not going to subside soon.