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In 2Q16, $QRVO's gross margin declined by 1.3% to 40.2% while operating income rose from negative $1.3MM to $18MM compared to last year same quarter. On a non-GAAP basis, gross margin declined by 1.8% to 49.7% in the quarter & operating income rose 3.7% to $194.8MM compared last year same quarter. Non-GAAP diluted EPS was $1.22 for the quarter.
$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 !!