Want to join the conversation?
$FDX's effective tax rate was 34.5% for 2Q16 vs. 36.6% last year. The tax rates fell primarily due to the resolution of a state income tax matter during 2Q16. For 2016, $FDX expects an effective tax rate of approx. 36% prior to any year-end mark-to-market accounting adjustment for defined benefit pension and postretirement healthcare plans.
$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 !!