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Industrial machinery giant $CMI reported a 64% fall in 4Q16, hurt by a $211MM impairment charge associated with light-duty diesel assets, while a stronger U.S. dollar pushed revenue down 6% to $4.8Bil. For the quarter, the company posted earnings of $161MM, or $0.92 per share, compared to $444MM, or $2.44 a year ago.
$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 !!