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In 3Q15, $IBM's reported OpEx and other income was down 12%, at this level of spend $IBM's expense to revenue ratio was up 80 BPs. The reported decline in expense this quarter is driven by currency and the divestiture of System x. And it also had a higher level of workforce rebalancing and lower amount of performance based compensation.
$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 !!