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$BEN reported a 11% drop in 3Q16 earnings due to lower operating revenues. Net income fell to $446.4MM or $0.77 per share from $504.2MM or $0.82 per share last year. Operating revenues dropped 18% to $1.63Bil. Total assets under management fell 16% to $732.1Bil, due to net new outflows partially offset by market appreciation and other.
$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 !!