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In 1Q16, $MJN's total gross-to-net sales adjustments increased as a percentage of gross sales versus 1Q15, mainly due to increased price-based promotional activity in China. Effective tax rate was 38.1% versus 23.7% in 1Q15, mainly due to company's Venezuelan subsidiary which incurred a remeasurement loss on its monetary assets.
$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 !!