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Railroad operator $UNP posted a 15% drop in 2Q16 earnings, hurt by lower operating revenues and income. Net income was $979MM or $1.17 per diluted share compared to about $1.2Bil or $1.38 per diluted share in 2Q15. Operating revenue was down 12% from last year to $4.8Bil, and operating income decreased 15% from 2Q15 to $1.7Bil in the quarter.
$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 !!