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Oil and gas producer $CXO reported a wider 2Q16 loss due to lower average realized price for oil and natural gas as well as lower net production volumes. Net loss widened to $265.69MM or $2.04 per share from $120.48MM or $1.02 per share last year. Operating revenues dropped to $396.3MM from $537.43MM. Adjusted EPS fell to $0.26 from $0.38.
$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 !!