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In the US, $GWW launched a new inside sales team with 275 representatives in 2Q16. Company closed 27 branches in the US as part of its plan to adjust the US branch network. In 2Q16, $GWW had $6MM of restructuring costs in the US and realized net savings of $0.09 EPS, and had $8MM restructuring costs in Canada mainly related to severance.
$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 !!