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Lorraine Hutchinson of Bank of America asks about which brands had the most dramatic change from 1Q16 in terms of GM and the drivers of it. $GPS said Gap has been managing its actual margin pretty well and delivered healthy comp. On the flip side, the Banana Republic experienced the most margin pressure and offsetting all this was Old Navy.
$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 !!