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$LH 2Q15 Call: SG&A was $384MM or 17.3% of revenue, a 200BP reduction compared to last years’ adjusted SG&A. The increased in SG&A was primarily due to Covance & personal cost, partially offset by Project LaunchPad savings. Excluding Covance & special charges, SG&A as percentage of revenue would have been 19%, an improvement of 30BP over last year.
$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 !!