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Business services provider and copier company $XRX reported a jump in 2Q16 earnings driven by lower costs and expenses. Net income rose to $155MM or $0.15 per share from $12MM or $0.01 per share last year. Revenues slid 4% to $4.39Bil. Adjusted EPS increased by $0.07 to $0.30, driven by lower tax rate, fewer shares and higher operating profits.
$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 !!