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$KEY said its 4Q15 noninterest expense was $736MM. This included $20MM of charges consisting of $10MM of efficiency charges mainly related to branch closures and severance, $6MM of meger-related costs, and $4MM of pension settlement expense. Compared to 4Q14, noninterest expense was up 5%. The company also said that expenses were up 2% from 3Q15.
$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 !!