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Travel website company $TRIP reported a decrease in 2Q16 earnings hurt by lower revenues and profit margins. Net income was $34MM or $0.23 per share in 2Q16 compared to $58MM or $0.40 per share in 2Q15. Adjusted net income was $56MM or $0.38 per share. Revenue decreased 3% to $391MM from 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 !!