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Financial services giant $BBT posted higher 1Q16 net income of $570MM or $0.67 per diluted share vs. $547MM or $0.67 per diluted share in 1Q15. Total revenues rose 10.2% to $2.6Bil vs. 1Q15, helped by $221MM increase in taxable-equivalent net interest income, largely due to 2015 acquisitions, while non-interest income was up $19MM.
$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 !!