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$HAS' cost of sales increased 17.2% to $290.2MM or 34.9% of net revenues for the quarter ended March 27, 2016. Royalty expense was $70MM or 8.4% of net revenues. Product development expense was $57.2MM or 6.9% of net revenues. Advertising expense for the quarter ended March 27, 2016 was $79.9MM or 9.6% of revenues.
$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 !!