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Aerospace and defense technology firm $NOC said that its 1Q16 operating costs and expenses as a percentage of sales rose vs. 1Q15 bringing down the operating margin rate to 12.4%. The increase in operating costs and expenses was driven by $34MM of lower segment operating income and a $9MM decrease in net FAS/CAS pension adjustment.
$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 !!