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Energy drink maker $MNST reported drop in 2Q16 earnings due to last year's gain on sale of Monster Non-Energy, acceleration of deferred revenue, and distributor termination costs. Net income fell to $184.22MM or $0.90 per share from $229MM or $1.26 per share last year. Net sales grew to $827.49MM from $693.72MM. Adjusted EPS grew 25.3% to $0.99.
$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 !!