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Segment profit margin fell 90 BPs to 14.8% in $DRI's Fine Dining segment. Although margins were lower due to negative same-restaurant sales in 1Q17, they were flat when excluding incremental rent expense and pre-opening costs, mainly related to 2 new Capital Grille openings in the quarter. Other business segment profit margins fell 10 BPs YoverY.
$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 !!