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In Oct. 2015, $ROK initiated certain restructuring actions primarily due to continued weakness in the business aviation market. $ROK expects to record pre-tax restructuring charges of $35-45MM in 1Q16, mainly consisting of employee severance costs. The bulk of the cash payments associated with these actions are expected to occur in 1Q16 and 2Q16.
$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 !!